Nifty Consolidating In Range Of 8,500-8,800: Pradip Hotchandani

Nifty in the near term is likely to consolidate in range between 8,500 and 8,800 and a breakout on the either side of this range will trigger a big upmove or a downmove, says Pradip Hotchandani, head of research at Prudent Broking Services.

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