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Trade Setup: Crucial to see if Nifty stays above 14,786 SECTIONS Share Getty Images Related Following some hiccups in the morning trade, the Indian equities ended on a strong note on Thursday, which was the last trading day of the truncated, three-session week. The Nifty index opened on a positive note on the expected lines but pared its morning gains in the first hour and a half to trade very near its previous close. However, after that, the index reversed its trajectory. While staying in the upward rising channel for the rest of the day, the Nifty got stronger as the day progressed. While showing no intent to retrace from the day’s high point, the headline index ended the day with a net gain of 176.65 points (1.20 per cent).

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