APN News

  • Friday, April, 2024| Today's Market | Current Time: 05:06:26
  • Nifty had a gap up opening today after a bullish engulfing candle yesterday while it ended down making a reversal pattern. The small red candle body indicates bears have emerged at higher end and if followed by a red candle then will see making of evening doji star pattern. Though there is a range play in Nifty with tops being breached while on the lower side 8100 is a good support. Market is in consolidation range and we are witnessing same pattern which we saw at 7400 and 7800.

    Though at current scenario 8250- 8270have multiple confluence of levels. so it is a make or break level for a short term and trend follower trader.

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