● Yesterday nifty showed one way rally to its stiff resistance of 200 sma 8361
● Today if it maintains abv 8360 we can see again rally to 8440/8460/8480
● If maintains below 8360 we can see it cooling down to 8290 lvls
● We have been in a rally in one direction from last 7 working days .One dip is due in this market which will be a gud accumulating support for traders to enter .
● If we see a dip we can also see a inverse head and shoulder formation in daily charts in coming days
● Today if it maintains abv 8360 we can see again rally to 8440/8460/8480
● If maintains below 8360 we can see it cooling down to 8290 lvls
● We have been in a rally in one direction from last 7 working days .One dip is due in this market which will be a gud accumulating support for traders to enter .
● If we see a dip we can also see a inverse head and shoulder formation in daily charts in coming days
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