Hi All,
As expected earlier and informed in my earlier posts, after breaking 5900-5925 levels Nifty broke down till 5814-5820... and it did not break the crucial short term support near 5790....
The short term bias still remains possitve...
I expect for the month Nifty to ideally trade in the range of 5550-5500 on the lower side where are 6200-6250 will act as resistance on the higher side....
Will keep you all posted on the views and recommendations time to time...
Regards
Hrishi
As expected earlier and informed in my earlier posts, after breaking 5900-5925 levels Nifty broke down till 5814-5820... and it did not break the crucial short term support near 5790....
The short term bias still remains possitve...
I expect for the month Nifty to ideally trade in the range of 5550-5500 on the lower side where are 6200-6250 will act as resistance on the higher side....
Will keep you all posted on the views and recommendations time to time...
Regards
Hrishi
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