Tech View: Nifty charts reflect indecisiveness. What traders should do on Thursday expiry

Nifty has formed a small green candle, reflecting volatility at higher levels. The market is currently positioned at the hurdle of 18,800 levels, showing lack of strength for an upside breakout. Analysts suggest that if the previous swing high of 18,778 is taken out, it shall lead to further upside. Immediate support is placed at 18,625, while resistance on the higher-end is at 18,800-18,900. The trend remains positive, however, short-term weakness could arrive if there is an up move above 18,778 levels with lack of strength.

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