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Published on 15/04/2019 4:44:25 PM | Source: HDFC Securities Ltd

The up move continued in the market amidst a choppy trend - HDFC securities

Posted in Expert Views| #Expert Views #HDFC Securities

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Below is the views onThe up move continued in the market amidst a choppy trend by Mr. Nagaraj Shetti – Senior Technical & Derivative Analyst, HDFC securities

 

The up move continued in the market amidst a choppy trend, next intraday resistance to be watched at 11710 levels    

The up move continued in the market amidst a choppy trend and the Nifty closed the day modestly higher. A small body positive candle was formed today with gap up opening.

Technically, this pattern indicates a positive bias with range movement (this could be due to market holiday's in this week)    

The underlying short term trend of Nifty continues to be positive with lacklustre movement. The next intraday resistance to be watched at 11710 levels.

 

 

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