Strong support at Nifty 9,120-9,150 range

As of now, the record high is at 9,273 and the most recent support was at 9,120

Devangshu Datta 

The market saw a small correction through the Easter week and it hasn't pulled out yet. However, there appears to be strong support at the Nifty 9,120-9,150 range, which has held through several sessions. The 9,120 level is where the Nifty registered its all-time high in 2016 and it's not surprising that it has proved to be a support level once there was a breakout.  As of now, the record high is at 9,273 and the most recent support was at 9,120. Those remain useful benchmarks. If 9,120 remains unbroken, that would be a positive signal. A breakout to a new high above ...

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Strong support at Nifty 9,120-9,150 range

As of now, the record high is at 9,273 and the most recent support was at 9,120

As of now, the record high is at 9,273 and the most recent support was at 9,120 The market saw a small correction through the Easter week and it hasn't pulled out yet. However, there appears to be strong support at the Nifty 9,120-9,150 range, which has held through several sessions. The 9,120 level is where the Nifty registered its all-time high in 2016 and it's not surprising that it has proved to be a support level once there was a breakout.  As of now, the record high is at 9,273 and the most recent support was at 9,120. Those remain useful benchmarks. If 9,120 remains unbroken, that would be a positive signal. A breakout to a new high above ... image
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