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Nifty Midcap 50 in 'Sell on Rise' mode, says Ravi Nathani

The short-term bias for Nifty Midcap 50 index is likely to remain negative as long as the index remains below 8,786.

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Ravi Nathani Mumbai
Nifty Realty Index
Bias: Range Bound
Last close: 393.75

The Nifty Realty Index has been observed on daily technical charts, which reveal important price levels and trends in the market. The current market price (CMP) of the index is 393.75, and it has been trading in a narrow range between 389 to 402.

The upper limit of this range is also known as the resistance level, while the lower limit is known as the support level. It is important to note that the index has been unable to break through the resistance level despite multiple attempts, indicating that there is significant selling pressure in

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First Published: Mar 23 2023 | 8:13 AM IST

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