NIFTY in range for 3 days - some relief rally ahead?

NIFTY has been consolidating in a range for last 3 days, making a hammer daily candle today.

A breakout on the upper side can bring a relief rally and NIFTY can retest 15659 level in coming days. On the lower side, if there is a breakdown of 15183 levels then NIFTY can test 15000.

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Dr. Tanya Kumar
Chart Patterns

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