Nifty Spot Closed @ 5751
Supports @ 5700-5630-5555
Resistances @ 5830-5930-6020
This Week, Nifty broke all Short term Support on the News of Various Scams & Korean/Ireland Old Problem . 5865 was Crucial Support which is not stiff resistance. Below 5865, Next Support stands @ 5700-5630-5555. Technically Market is weak but Pull back rally possible. 200 DMA @ 5454 which is medium term Support, Below Bears will Rule on D-Street. If 5670-30 Holds, We might See 5930-6020 in days to come as Dead Cat Bounce. Below 5670 Nifty will move towards medium term Support @ 5555-5454-5350.
" Trade with Levels not with Hope "
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