Indice NIFTY 50

17650 - 17800 is a consolidation zone

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Clearly the Index is moving in a HH pattern and taking support in the lower trend line. since last 2 days index is trading in a range of 150 points where sellers trying hard to push the index down, instead of positive global cues index closing lower after opening at higher levels but unable to break the range hence its creating a range which may act as strong support if index sustains above 17800.


Resistance - 17915, 18k,
Support - 17650, 17500

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