Despite the index seeing buying on dips, the near-term trend seems to be sideways, said Mazhar Mohammad of Chartviewindia.in, adding that strength should emerge on a Nifty50 close above 17,777, while weakness should be expected on a close below the 17,400 level.
200 DMA: Rs 1429.84| LTP: Rs 1406.3
Nifty is currently oscillating within a wide trading range, necessitating a breakout to gain notable momentum. Analysts are providing tailored strategies for traders facing this
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