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Nifty short term trend is DOWN as long as Nifty trades blw 4720 levels.
For Daily Purpose, Trend deciding level is 4693. If Nifty shows strength above 4693 levels then a rally up to 4720-4280 may be seen. If Nifty does not show strength above 4693 then selling pressure till 4616-52 may be seen.
Breakdown below 4653 levels may lead sever3 selling to 4600.HAVE A CUP OF TEA AND WATCH THESSE LEVLES
AS YOU HAVE SEEN BANKING NIFTY DOES NOT SUSTAIN 8700 AND KEEP COMING DOWN AND CRAKED AND RECOVER FROM LOWER LEVLE AND CRACKING LATER AGAIN
NOW FOR NEXT SESSEIONON BANK NIFTY SUPORT AY 8400 UPSIDE IF IT GOES ABV 8500 AND SUSTAIN RALLY UPTO 8650-8700 more NOW BLW 8400 FALL UPTO 8250 LEVLE CAN BE SEEN
NIFTY FUTR PIVT IS 4713 ABV THAT STRong blw weak |
