Nifty witnessed the range bound movement with the negative biased for the whole session. Today again it gets good buying support close to the support of 5200 & made the some recovery from it. In the tomorrow session we might expect the trading range of 5200 to 5290 in the nifty future. Closing below 5200 might drag it till the lower levels of 5145 to 5150 in near term. We recommend that traders could go for sell in nifty future below 5200 for the target of 5100 to 5105.
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