NEW DELHI: Nifty on Thursday failed to breach yesterday’s trading range as the headline index formed a small bullish candle on the daily chart.
Rohit Singre, Senior Technical Analyst at LKP Securities said, “The index has formed a good base near 14,500 zones. Holding above the said levels, we may see the index marching northwards and any dip around 14,500 zones will again be a buying opportunity. Immediate resistance is formed at 14,650 zones. Above that, we may see bullish momentum to continue…

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