Nifty trading in narrow range & witnessed range bound movement. Nifty not sustaining highs & getting the intra day support around the level of 4800. In the upcoming few trading sessions we could expect the same type of trend. In the downside we could expect the serious selling pressure below the level of 4760. Could touch the level of 4650 in short term if it closes below 4760. We recommend sell on highs in nifty future.
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