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MC Interview | Not easy for Nifty to cross 20,200 in October, but mid-smallcaps hold potential, says Ashish Kyal

One should not worry during corrections as long as the overall pattern or structure is still higher highs and higher lows on the weekly time frame, says Ashish Kyal. ....

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Nifty50 prediction: More selling pressure may pull down index to 14,400 - Experts speak

Nifty50 Chart, Nifty50 Prediction: Sensex and Nifty both ended in red for the fifth consecutive day. The BSE benchmark plummeted 1,045.60 points or 1.99 per cent to settle at 51,495.79. Similarly, the NSE Nifty plunged 331.55 points or 2.11 per cent to close at 15,360.60. ....

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Sensex zooms 651 pts; Nifty recaptures 18,000-level

Starting off on a positive note, the 30-share BSE benchmark hit the day s high of 60,427.36, before ending at 60,395.63, higher by 650.98 points or 1.09 per cent.

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Technical View: Nifty Forms Small Bullish Candle On Weekly Charts, Prudent To Remain Neutral For Now

Technical View: Nifty forms small bullish candle on weekly charts, prudent to remain neutral for now
Mazhar Mohammad of Chartviewindia advised traders to wait for a breakout in either direction before initiating a trade.
Sunil Shankar Matkar
Representative image | Source: Unsplash
Nifty50 gained strength to the tune of nine-tenth of a percent in the morning, but profit booking and volatility in last couple of hours of trade pulled the index lower on February 12. FMCG, metals and pharma stocks weighed down and banking & financials supported the index.
The index formed Doji kind of pattern on the daily charts, while there was small bullish candle formation on the weekly scale. Nifty is up 1.6 percent for the week. A Doji candle indicates there is some indecisiveness among the bulls and the bears and bounces were being sold in the absence of follow-up buying interest. ....

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