The Nifty is at a technical crossroads. After recovering more than 300 points from its recent swing low, the index now faces a critical resistance wall at 23,516, and how it behaves around that level will determine whether the current uptrend gets confirmed or stalls again. That was the key takeaway from Vinay Rajani, AVP and Senior Technical and Derivative Analyst at HDFC Securities, speaking to ET Now during midday trade.
