Abhijit_Paul

Nifty close to Channel Support

NSE:NIFTY   Nifty 50 Index
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Nifty loses momentum after losing some grounds in yesterday’s session. The underlying trend is UP but its the momentum which is slipping back. 12,000 stays as the important psychological resistance for the market. On the downside, a slip below yesterday’s low of 11,916 can lead to fresh weakness in the index.

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