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Nifty on Monday ended 153 points higher to form a green candle on the daily chart while registering a new all-time high.Positive chart patterns like higher tops and bottoms are intact as per the daily chart, and the present upmove is in line with the new higher top formation of the pattern. The short-term uptrend of the Nifty remains intact, and the next upside levels are around 22,800 (1.618% Fibonacci projection). Immediate support is at 22,520 levels, said Nagaraj Shetti of HDFC Securities.Analysis of the Open Interest (OI) data reveals the highest OI on the call side at the 23,000 strike price, followed by the 23,200 strike price. On the put side, the highest OI was observed at the 22,500 strike price.What should traders do? Here’s what analysts said:Rupak De, LKP SecuritiesNifty has reached near the upper band of the rising wedge, which might act as resistance in the short term. Over the short term, the index might consolidate within a range. On the lower end, support is at 22,500, below which the index might fall back into consolidation.Jatin Gedia, SharekhanNifty has closed above the previous swing high of 22,619, which is a bullish sign. The daily and hourly momentum indicator has a positive crossover, a buy signal. The daily Bollinger bands are expanding, indicating range expansion, and with prices moving along the upper band suggests that there could be trending moves in the coming trading sessions. On the upside, the immediate hurdle is placed at 22,740, and beyond that, it is likely to stretch towards 23000. On the downside, support is placed at 22460 – 22420.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)

JLR's full year sales rose by over 20 per cent year-on-year, the company said in a statement on April 8.The rise in sales numbers reflects improved production and sustained demand, the company said.Wholesale volumes at 110,190 units in the fourth quarter (excluding the Chery Jaguar LandRover China JV) were up 16% over the same quarter a year ago, and up 9% compared to the quarter ended 31 December 2023.In comparison to a year earlier, wholesale volumes increased in the quarter for Range Rover (up 22% to 58,280 units), Defender (up 5% to 28,702 units), Jaguar (up 39% to 13,528 units) and Discovery (up 1% to 9,680 units). Retail sales for the fourth quarter were 114,038 units (including the Chery Jaguar Land Rover China JV), up 11% compared to the same quarter a year ago and up 4% compared to the quarter ended 31 December 2023.Compared to the prior year, retail sales in the quarter were up 32% in the UK, 21% in North America, and 16% Overseas. Compared to thecprioryear, retail sales in China were down 9% and down 2% in Europe for the quarter.For the full year ended 31 March 2024, wholesale volumes were 401,303 and retail sales were 431,733, up 25% and 22% respectively compared to the prior year. Wholesale volumes and retail sales were up in all regions compared to the prior year.