Nifty has opened with a gap up today, which means that the market has opened at a higher level compared to the previous day's closing price. However, it seems that the market is currently trading in a range bound manner between 17180 and 16940 levels.
A range bound market is one where the price is moving within a certain range or channel, without making any significant moves either upwards or downwards. This type of market can be difficult to trade, as there may not be clear trends or directions.
A range bound market is one where the price is moving within a certain range or channel, without making any significant moves either upwards or downwards. This type of market can be difficult to trade, as there may not be clear trends or directions.