Nifty opened on a flat note and witnessed sideways movement - Jainam Share Consultant
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Nifty
Nifty opened on a flat note and witnessed sideways movement in initial half. However last hour profit booking pulled index lower to end in red. Nifty closed at 14835 with a loss of 39 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 14920 level it would witness buying which would lead the index towards 14980-15050 levels. However if index breaks below 14780 level it would witness selling which would take the index towards 14650-14570.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
