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NIFTY Index Chart Analysis

NIFTY Index Chart Analysis

A PHASE OF CONSOLIDATION

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A fortnightly view on Nifty 50 and two investment ideas on the basis of intensive technical analysis in a 15-day horizon.

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Flat to positive start seen for the markets

Karan DSIJ / Article rating: 5.0

Indian equity markets are likely to make a flat to positive start on Friday with traders eyeing third-quarter corporate earnings results of index heavyweights like HDFC Bank, Reliance, ITC, Wipro, Kotak Mahindra Bank for directional cues. The SGX Nifty indicates that the Nifty could open at 10,823 up by 12 points at the opening bell. 

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