Nifty is consolidating after a rally where 15000-14950 - Swastika Investmart
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Technical Outlook:
Nifty (Spot):
Nifty is consolidating after a rally where 15000-14950 is an immediate demand zone; below this, we can some profit booking towards the 14750 level. On the upside 15250-15300 is an immediate supply zone. Today, we could expect a range-bound session in the 15000-15200 zone ahead of the expiry.
Banknifty (Spot):
Banknifty is showing some fatigue after a strong run-up where 35500 is immediate support while 36500 is the resistance in the upside. Any decisive move from the 35500- 36500 band will dictate further direction.
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