Hi all,
Though nifty reached an all time high near 9122, it gave
away more than half a percent gains and finally closed near 9087, thus forming
a Doji (indecisive) candle on daily charts.
Hence, going forward, 9050-8980 will be crucial levels to
watch out for any further surge in the indices. A close below 9050 means a
short term bear trend on account of close below 9050 (low of today's Doji
candle).
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