Yesterday we have seen again downside move in Nifty and Bank
Nifty future. Nifty future unable to breach its resistance level of 7225 and
crashed vertically again to 7050 mark.
Now what to expect???
Nifty future has hurdle at 7130---7225. Above 7130 will see
rally till 7180---7225 mark.
Further upside rally seen only close above 7225
mark else it could test its support level of 7040---6980 and then to 6910 mark
again. Friday's low is very crucial and unlikely to breach and close below its
support in near terms.
Traders can trade with levels only. Anything thing seems
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