Indian benchmark indices witnessed a volatile trading session on July 9, influenced by the weekly Sensex expiry. Analysts say Nifty formed an inverted hammer candle which remained contained inside previous session price range signaling consolidation amid stock specific action. Going ahead, they believe index holding above the support area of 23,800 being the almost identical lows of the last 3 weeks will lead to consolidation in the range of 23,800-24,350.
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