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Nifty signals positive bias in broader mkt
Forms an indecisive Dragon Fly doji candle; Rally will continue if the index closes above 22,394
Market is largely positive
Above 73,300, the market could move up till 74,500-74,800. On the flip side, below 73,300 the market could slip till 73,000
73,400 would act as support zone
As long as the index is trading above73,400, the positive momentum is likely to continue
Charts indicate bleak outlook
Protect the profits on the table as a negative close after the Doji candle is the confirmation for its bearish implications
Mkt still hovering in non-directional mode 72.5k may act as a trend...
Mumbai: On the account of February monthly F&O series expiry day, the benchmark indices witnessed volatile momentum, after a roller-coaster...
Weak momentum may continue
72,800 would act as a key level to watch out. Below the same, the weak momentum is likely to continue. Below which, the market could slip till...
Level-based trading ideal for investors
As long as Bank Nifty is trading above 45,600pts, it can go to 46,300 and 46,600 levels. Below 45,600pts, it would gradually fall towards...
Short-term texture still on positive side
Fresh uptrend rally possible