Nifty formed a small negative candle with a minor lower shadow. The short-term trend of Nifty continues to be a range bound with positive bias. Nifty has been consolidating in the broad range of 23,200-23,500. A decisive close beyond the boundaries can lead to a trending move. Nifty formed a small negative candle with a minor lower shadow. The short-term trend of Nifty continues to be a range bound with positive bias. Nifty has been consolidating in the broad range of 23,200-23,500. A decisive close beyond the boundaries can lead to a trending move. Economic Times