Hi All,
In first hour of trade, Nifty traded in
range bound manner between 7178-7220 and these levels will act the trend
decider for the day. A move above 7211-7230 can take Nifty higher till 7270-7310-7330, where as a break of 7178-7170
levels can be a negative implication for Nifty in intraday, breaking 7170
levels, Nifty can further slid to, 7130-7100 levels...
So 7111-7330 on the upside and 7170-65 on
the lower side are the levels to watch out for the intraday trend.
Cheers
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