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Will Nifty hold 14,000?
The market saw wild swings during the February series. The Nifty index gained as much as 9 per cent after the Budget and the Bank Nifty rallied 20 per cent, before giving up the bulk of the gains last week. Friday's fall resulted in a “lower top-lower bottom” formation, which experts say signals a trend reversal. They say the correction may extend towards 14,200-14,000 levels, and a breach of the 14,000 trend line support may further lead to a fall towards 13,700-13,500 zones. The index is expected to face resistance at 14,750-14,920 levels. "Momentum traders should avoid
