In the coming days, the Index may continue to track the upper band. It also appears to have created a broad consolidation range, with the 17,350-17,400 zone acting as support. Pattern analysis showed that Nifty is in a steep uptrend. The breakout that occurred after Nifty crossed above the 15,900-15,950 range is very much intact. The market looks overbought, but still, the primary trend remains intact. It is possible that the market ...
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