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NIFTY50 remains range-bound | 200 DMA a crucial support? | Stock market analysis

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The Nifty50 index remained range-bound and closed flat on the F&O weekly expiry day. For the fifth consecutive session, the index defended its 200 day exponential moving average and closed higher. As per options data and OI analysis, the broad range for the Nifty50’s February expiry is between 17,000 and 18,100 levels. On the other hand, 17,300 and 17,900 are the critical levels to watch for the next week. Check out our F&O weekly update to know the near-term outlook

#Nifty50 #banknifty #niftylive #bankniftylive #optionstrading #niftystrategy #bankniftystrategy

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