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Technical View | Nifty forms Bearish Belt Hold pattern, consolidation likely to continue before further uptrend

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This could just be a profit-taking after a recent rally and hence, as long as the index trades above its previous consolidation zone of 17,400-17,650, the trend is expected to be positive with resistance in the range of 17,900-18,000 levels, and support at 17,500-17,400 zone, experts said.

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