However if index breaks below 18115 level it would witness selling which would take the index towards 18050- 18000 - Jainam Share Consultants
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Nifty
Nifty opened with an upward gap but witnessed selling from the opening tick to end negative. Nifty closed at 18157 with a loss of 46 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 18300 level it would witness buying which would lead the index towards 18350-18400 levels. However if index breaks below 18115 level it would witness selling which would take the index towards 18050- 18000
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
