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Observations & Possibilities:. On Monday Nifty may test 5206 , the level bellow which the intermediate downtrend will start . Holding 5295 level (blue trendline) is very important for Nifty to remain bullish on Monday. 5120(green trendline) is important support for Nifty on Monday . 5340 & 5400 targets for Nifty’s intermediate uptrend. Any level above 5200 [...]
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