NIFTY IS TRADING UNDER BEAR ZONE. TODAY WE HAD SEEN THAT NIFTY HAD BROKEN THE INTRA DAY SUPPORT LEVEL OF 4850 & ALSO MADE CLOSING BELOW IT.
TECHNICALLY WE COULD SEE THE LEVEL OF 4550 IF IT CLOSE BELOW 4750 LEVEL.
WE RECOMMEND THAT ONE SHOULD GO FOR SELL ON HIGHER LEVEL STRATEGY IN NIFTY FUTURE UNTILL IT CLOSE ABOVE 4950 LEVEL.
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