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Ahead of Market: 12 things that will decide stock action on Thursday SECTIONS Share Synopsis Gaurav Ratnaparkhi of Sharekhan said, On the daily chart, the Nifty has formed an Inside bar for which the breakout level on the upside is at 14,724. The overall structure shows that the benchmark index is preparing for the next leg of the recovery. Agencies Chandan Taparia of Motilal Oswal Securities said the index formed a high low with support at 14,500 level, but mostly traded inside a trading range. Related NSE Explore Now NEW DELHI: Nifty saw a gap-up opening on Wednesday and traded on a volatile note before ending slightly above its opening levels. The headline index formed an Inside Bar formation, similar to a Harami Cross pattern as Nifty formed an indecisive candle for the day.

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