The recovery was on expected lines as after taking strong support at 17,800-17,850, RSI (relative strength index) moved closer to oversold levels. Hence, going ahead, Friday#39;s low of 17,780 (which was also Monday#39;s low) is expected to act as a support for the Nifty50 in the monthly expiry week, whereas on the upside 18,200 (50 days simple moving average) is likely to be key for the further northward journey, experts said.
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