Tag: gap

Technical view: after the disappointing gap, no additional buying will follow; 15 800 support key

Nifty50 on Monday rose for the third session in a row, but closed below the opening level, thus forming a bearish candle on the daily chart. Analysts say the inability to see follow-on buying after a gap-down start is disappointing. The index needs to hold above the 15,800 level for momentum to remain strong, they […]

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