'This sugar stock could see a double-digit swing in next 3-4 weeks'
Updated : December 11, 2019 06:23 AM IST
If the index continues to take support at 11,880-11,800, a short-covering rally may take the index back towards 12,100-12,200.
There is an interesting observation with respect to the Ichimoku Cloud, which suggests that every time the Nifty moves away from the cloud in the range of 8.5 percent-9.5 percent, it leads to a correction.
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