Nifty can head to 17,800; PSUs set for strong gains

Technical analysts see the Nifty heading higher to 17,600-17,800 levels in the short term, with the trend remaining bullish as indicated by the trend of every decline in being used by investors to buy stocks. Technical analysts see public sector stocks gaining 5-10%. They also expect chemicals, IT, FMCG and metals stocks to rise in the short term.

via Economictimes