
Nifty50 on Monday formed a ‘Hanging Man’ candle on the daily chart. In the last nine sessions, the index appears to be struggling at the upper boundary of the 45-day-old ascending channel, which coincides with the psychological mark at 13,000 level. Analysts said the index has strong support at 12,800 level and a move above 13,000 level could bring in further upside.
from Markets-Economic Times https://ift.tt/2UUBZxb
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