NIFTY HAD MADE GOOD STRONG COME BACK FROM THE SUPPORT LEVEL OF 4800 AGAIN. TODAY IT CLOSED ABOVE LEVEL OF 4900. TECHNICALLY NIFTY COULD FACE NEXT MAJOR RESISTANCE AROUND 5000 LEVEL.
WE RECOMMEND THAT WE SHOULD WATCH OUT THE LEVEL OF 5000. ABOVE THAT LEVEL WE COULD EXPECT THAT NIFTY COULD ADVANCE IN UPTREND.
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