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Tech Stare: Nifty charts throw up long bearish candle. What might perchance well aloof merchants attain on Thursday expiry

Overlapping the small negative candle of the previous session, Nifty on Wednesday formed a long bearish candle on the daily charts, indicating that bulls are unable to sustain gains.Now, till the index remains below 17,171 zones, weakness could continue towards next support of 16800-16666 levels while on the upside hurdles are seen at 17,171 and…

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Tech Stare: Nifty charts throw up long bearish candle. What might perchance well aloof merchants attain on Thursday expiry

Overlapping the tiny harmful candle of the outdated session, Nifty on Wednesday fashioned an extended bearish candle on the day after day charts, indicating that bulls are unable to take care of beneficial properties.Now, unless the index remains below 17,171 zones, weakness might perchance well presumably continue in direction of next toughen of 16800-16666 levels whereas on the upside hurdles are considered at 17,171 and 17,250 levels…
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