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Nifty: Tech View: Nifty turns indecisive at highs; buy on dips, say analysts
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Market ahead: Ahead of Market: 12 things that will decide stock action on Tuesday
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Stock market watch: What to expect from the week ending August 6, 2021
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Aditya Agarwala, Senior Technical Analyst, YES Securities
Indian markets ended the July expiry session marginally higher following a highly volatile session in the previous session. For the July series, the index ended trade on a flat note as it failed to break out of the key hurdle placed at 15,900-15,950.
Going ahead, if bulls manage to take the index beyond the immediate resistance of 15,830-15,840, a short covering rally could take the index to levels of 15,915-15,950, which has been acting as a stiff hurdle to breach. However, failure to keep its head above 15,830 could resume the choppy trading sessions dragging the index lower to levels of 15,700-15,660.
stocks to buy today: DLF among two stock picks for short-term trading opportunity
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