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Trade setup for Indian equity markets for March 17, 2021

Updated Mar 17, 2021 | 08:52 IST The Nifty declined over 100 points from day’s high and extended its losing streak to 3 days in a row. Interestingly, it touched the previous day’s high around 15050 before declining.  Representational image  Key Highlights Nifty declines over 100 points from day’s high to extend losing streak to 3 days in a row  Nifty Bank declines over 550 points from day’s high to decline 3rd day in a row  Nifty IT gains over 1%, best sector, Mphasis & Coforge gain over 5% each  New Delhi: The Nifty declined over 100 points from day’s high and extended its losing streak to 3 days in a row. Interestingly, it touched the previous day’s high around 15050 before declining. The Nifty Bank declined over 550 points from the day’s high and extended its losing streak to 3 days in a row. The banking gauge made an inside bar with the close being lower than the open and underperformed the Nifty 4th day in a row. 

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