Tech View: Nifty forms higher bottom. What traders should do on Tuesday

Nifty has moved up after a consolidation breakout on the daily chart, suggesting a rise in optimism. On the daily timeframe, the index has sustained above the crucial moving average, confirming the short-term uptrend. Over the short term, the trend may remain positive. On the lower end, support is visible at 17,850/17,700; resistance on the higher end is placed at 18,100/18,300.

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