The Nifty index has formed a doji candle on the daily chart, indicating an uncertain situation and a battle between the bulls and the bears is emerging. Downside support for Nifty 50 is seen in the 19,000-18,900 range, with fresh writing visible for the upcoming weekly expiry. The immediate resistance is located at the 19,200 level, and a breakthrough at this point could trigger fresh short covering, which could drive the index towards 19,300-19,350.
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