Wednesday 28 March 2018



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The Nifty ended 0.53 percent up at 10,184.15. Day long oscillation within 10,210 to 10,140 led to a Doji candle on the daily chart. Doji implies indecision among traders. Hence, Nifty getting stuck in the price band of 10,230 to 10,140 is likely.

However, stock specific movements might get you a desired result compared to the Index based ones. As the chart pattern suggests, Nifty still remains a buy on dips as long as critical supports are intact. Downside supports are now placed around 10,140 and 10,080.

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