It was another cheerful day for Indian Stock Markets. Today markets opened on a flat note but gradually picked up momentum on the upside as the day progressed which led the indices to close in green.
On the basis of Nifty Charts (candlestick pattern), Nifty has formed two bullish candles in two successive sessions; it has to close on bullish note in next trading session to confirm the up bound trend (Three bullish soldiers).
On the basis of Nifty Charts (candlestick pattern), Nifty has formed two bullish candles in two successive sessions; it has to close on bullish note in next trading session to confirm the up bound trend (Three bullish soldiers).
For intraday trading tomorrow if indices trade above 18250 / 5500 levels then they are likely to test 18,386 - 18,470 / 5,540 - 5,574 levels. On the downside, 18,070 - 17,950 / 5,450 - 5,410 levels may act as the support levels for the day.
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