Tech View: Market not out of woods but Nifty’s rise towards 17,600 possible

“Nifty50 has clearly surpassed our expectations after extending the relief move beyond 17,350. We may see Nifty50 heading towards 17,500-17600. But we reiterate, the market is not completely out of the woods yet. Hence, it’s advisable to stay light after nearing this zone,” said Sameet Chavan of Angel One.