Nifty opened on a positive note and selling pressure throughout the session dragged it lower to close in negative territory - Jainam Share Consultant
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Nifty
Nifty opened on a positive note and selling pressure throughout the session dragged it lower to close in negative territory. Nifty closed at 15740 with a loss of 12 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 15680 level it would witness selling which would lead the index towards 15620-15580 levels. However if index crosses above 15780 level it would witness pullback rally which would take the index towards 15827-15882
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