The Nifty formed a small bodied bullish candle with minor shadows, indicating that bulls are getting fatigued after the recent rally, according to chartists. The index has been making higher highs in the last six trading sessions, and supports are gradually moving up. The index must hold above 18,081 zones to witness a rise toward 18,250 and 18,300 zones while supports are placed at 18,081 and 17,887 marks. Option data suggests a broader trading range between 17,700 and 18,500 zones.
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AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
