Tech View: Nifty charts hint at more upside ahead. What should traders do on Wednesday

Chartists said though Nifty is advancing gradually on the upside, its consistent up move above the hurdles signals more upside ahead. “A decisive movement above 17,800 levels is expected to open the next upside target of 18,200 levels in the near term. Immediate support is at 17,650 levels,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

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