Nifty Media was able to break out on the chart, but not able to move upside and currently treading below that breakout level. We can see currently consolidation between 1775 to 1600 levels, if index breaks 1600 level and sustain below this we can see some major downside on the chart, or if Nifty Media able to break the 1775 level and sustain above this we can see some major upside on chart.
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