Nifty today formed a small red candle with a long upper shadow on the daily charts. Chart readers said this pattern indicates that the market is on a sell on rise mode from near the crucial overhead resistance of 17200 levels.On the daily charts, 17,180-17,210 acted as a stiff resistance, and Nifty was unable to surpass it.“The market could find a range of around 17,200-16,950 levels in the next few sessions. The lower area of 16,950-16,900 is expected to offer support for the market during the present weakness. A decisive move above 17200-17250 levels is likely to bring strength in upside bounce,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
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Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com
Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares...
