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Daily_Technical_Report_070826

Published on 12th August 2026
Technology

It was a muted trading session for NIFTY, with the index exhibiting virtually no directional movement after opening marginally higher. Prices remained confined to an exceptionally narrow intraday range of just 73 points; the narrowest range witnessed in the past six trading sessions: resulting in the formation of an NR7 candlestick on the daily chart. Amidst the lackluster price action, the index eventually settled at 24636, ending the session with marginal gains of 0.05%.

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