Nifty sees resistance at 18,000 The benchmark Nifty last week pierced 18,000 for the first time since January 19. The index managed to stay above that mark just for a day. Technical analysts say the Nifty faces stiff resistance around the 18,000-level and aggressive Call writing was seen at 17,900 and 18,000 strikes.
On the downside, there is support around 17,600-levels. Experts say any breakout of these two levels could decide the market direction. However, chart patterns point towards short-term weakness, they add. Vehicle financiers on investor radar Vehicle financier ...
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