Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultant
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Nifty
Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 15752 with a gain of 81 points. On the daily chart the index has formed a small bullish candle forming higher High- Low formation compare to previous session indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 15670 level it would witness selling which would lead the index towards 15620-15580 levels. However if index crosses above 15775 level it would witness pullback rally which would take the index towards 15827-15882.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
