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Nifty bulls unaffected by spike in dollar index. What investors should do on Tuesday
A sustainable buying could only emerge on the move above 17,800 levels, and the slide below the immediate support of 17,300 could pull the Nifty down to the next support of 17,000 levels for the near term. However, the long-term charts like weekly and monthly are still positive, and one may expect any downward correction to be a buy-on-dips opportunity.