The Nifty is up 5 percent so far this year in 2022, which basically means that the all-time high of 18,604 is 2 percent or 400 points away. This has been the fast and furious move on the Nifty.

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Trade setup for Jan 13: Can Nifty50 test higher levels? Check out key market cues before Thursday's session

Watch the accompanying video of CNBC-TV18’s Prashant Nair for more details.

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