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FO Manual | Consolidation rules ahead of Fed meet, Nifty faces resistance at 19,200 strike

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ICICI Securities expects the index to extend the ongoing pullback towards 19,450 in the coming weeks, as it represents a 61.8 percent retracement of the last decline leg (from 19,850 to 18,838). However, they anticipate this movement to be non-linear due to expected elevated volatility ahead of the US Fed meeting

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​ ICICI Securities expects the index to extend the ongoing pullback towards 19,450 in the coming weeks, as it represents a 61.8 percent retracement of the last decline leg (from 19,850 to 18,838). However, they anticipate this movement to be non-linear due to expected elevated volatility ahead of the US Fed meeting ICICI Securities expects the index to extend the ongoing pullback towards 19,450 in the coming weeks, as it represents a 61.8 percent retracement of the last decline leg (from 19,850 to 18,838). However, they anticipate this movement to be non-linear due to expected elevated volatility ahead of the US Fed meeting  Moneycontrol Latest News Read More  

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