Nifty Trend : To bring back bullish sentiment back nifty needs to sustain above 5250. For intraday traders repeated support in 5180-5200 zone has made a small consolidaiton pattern. Nifty intermediate is heading downwards and Nifty target for today is below 5200 and it may test 4970. Resistance levels for Nifty are 5250, 5340, 5420 and Support levels are 5200, 5080 and 4960.
Nifty Tips
Buy Nifty at 5220 with Stop Loss of 5200 and Target of 5245 – 5265.
Buy Nifty at 5220 with Stop Loss of 5200 and Target of 5245 – 5265.
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