Dalal Street Week Ahead: 16000 likely to act as strong support for the market

Dalal Street Week Ahead: 16000 likely to act as strong support for the market
By , ETMarkets.com
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Synopsis

The past five days of trade are important from many technical perspectives. After holding on to the level of 100-Week MA, the Nifty has avoided violation of this important support on a closing basis. The 100-Week MA is presently at 15454 making this a crucial support for the Nifty at close levels.

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