Short term News
Volume target seen around 5,647 level A consolidation in the previous day’s initial balance (IB) range (5,550-5,594) ended with a vertical move in the last 60 minutes on account of short covering from other time-frame traders. The Nifty futures, though closed at 5,600, the volume declined significantly by over 10 million shares. This clearly indicates the bear’s control of the trend and the rally was mostly part of strong global
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