After a gap up opening the Nifty have been trading with dampened sentiment. The subdued session is led by the banking sector while pharma stocks are facing pressure. After making a low near 8680 Nifty bounced back to trade around 8725. It is trying to regain its strength. Any move above 8735 may provide a further boost to the strength while the support lies at 8680.
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A CORRECTION HAS BEEN MADE REGARDING THE CHART UPDATE......IT IS THE CHART OF BFUTILITIE......NOT ABAN OFFSHORE
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Shown above is the 60 minutes chart of GSPL. As we can see that Gspl has given a breakout of a major trend line in the last hour. Also, ...
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