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Tech analysts Ajit Mishra and Nandish Shah explain why the Nifty has been rangebound since the June 15 breakout.

Bulls vs Bears: This momentum indicator explains why Nifty lacks direction

The tug-of-war between the bulls and bears continue as the market lacks direction, suggests the ADX index, which needs to cross the 25-mark for a directional move, says Ajit Mishra of Religare Broking

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Last Updated: 22-Jul-2026 | 03:59 PM IST

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