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Nifty opened with a gap up on Tuesday and made a new lifetime high of 15,431, but could not sustain at higher levels. During the day, the index witnessed some profit taking and fell to 15,242 level and touched the previous day’s low. However, the second half of the session saw some support-based buying and recovery to settle the day on flat note. The index formed a bearish candle on the daily scale, but formed higher highs for the fourth session in a row. Now it has to hold above 15,200 level to continue the bullish momentum towards 15,500 level, while on the downside major support can be seen at 15,100 and 15,000 zones.