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Charts indicate losing steam in rally
Daily MACD histogram shows a dull momentum; The prior week’s low of 22,224 is the nearest support, and 10-wk average of 21,929 is the strong support
Nifty forms indecisive Doji
After a crucial technical support level was tested, the benchmark indices gained and closed in the positive territory.
Nifty recovers, on upswing; likely to cross 14.7k mark
Gains 143 points; all the sectoral indices are positive. Pharma index declined by 0.87 %