Nifty opened on a positive note. Throughout the whole trading session it remained range bound. The last hour rally helped the index to form a green colored hanging man.
Nifty Bank formed a small spinning top like pattern. So, after today’s session we can conclude that it is making 18880 a good support level.
After yesterday’s tug of war between the bulls and the bears, today the bulls dominated the bears in Nifty IT
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