On the daily chart the index has formed a small bullish candle forming higher High-Low formation compare to previous session indicating positive bias -Jainam Share Consultant
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Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 14436 with a loss of 902 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 15400 level it would witness selling which would lead the index towards 15320-15280 levels. However if index crosses above 15470 level it would witness pullback rally which would take the index towards 15500-15550.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
