What is the expected trading range for the Indian stock market and what could trigger a major market move?

Analysts suggest that the Indian markets may continue to trade sideways within the range of 22,800 to 23,100, with 22,800 serving as a critical support level that was tested before a mid-session recovery. A decisive breakout on either side of this range will determine the next major market movement direction. If the Nifty breaks below 22,800, further correction may follow, indicating bearish pressure. Conversely, a move past 23,000 could signal renewed bullish momentum. Despite these potential directional indicators, the overall market sentiment remains cautious, with investors closely monitoring global market trends and upcoming economic events.