Tech View: Nifty charts reflect indecisive mood on Street. What traders should do on Thursday

Although selling pressure emerged from near 20,100 levels, there is no confirmation of any top reversal pattern forming at the new highs. But, a decisive up move above the 20,100-20,150 level is expected to bring more upside towards 20,350-20,450 levels in the near term. Immediate support is placed at 19,950 levels, said Nagaraj Shetti of HDFC Securities.

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