It has been 3 Consecutive Days now, that Nifty has been trading in a strict consolidated range of 15950-15580. Which is why, we can say how highly confused the Index is currently.
Therefore, it has now become very important to witness either a breakout of above 15950 or a breakdown through the support level of 15580, on a closing basis. However, as per the current chart setup, we are still quite positive on the Market.
Moreover, we are still with our words, that Today & Tomorrow will be very crucial for the Market. In addition to which, it is being expected that we might witness a huge volatility in the Market today, since it is a weekly settlement day.
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