Nifty again in Range
The Nifty index experienced a rejection at the marked level of 19480, as it failed to surpass this point and closed within the range of 19360 to 19480. This indicates that the whole market is currently trading within this range, suggesting a period of consolidation or indecision among traders.
Tomorrow's market movement is likely to be determined by whether it surpasses key levels on either end. A downward move may occur if it crosses the support level of 19320, while an upward move could be expected if it surpasses the resistance level of 19480. These specific thresholds will serve as crucial indicators for market direction, offering valuable insights for traders and investors.
Tomorrow's market movement is likely to be determined by whether it surpasses key levels on either end. A downward move may occur if it crosses the support level of 19320, while an upward move could be expected if it surpasses the resistance level of 19480. These specific thresholds will serve as crucial indicators for market direction, offering valuable insights for traders and investors.
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