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Observations & Possibilities: Despite of global strength Nifty failed to start fresh uptrend today. Intermediate trend of Nifty will turn UP if it closes above 5210. The two red trend lines in the chart are acting as resistance for Nifty in 5190 to 5220 zone. The Blue trend line resistance for Nifty: (5260 to 5290 zone) On downside 4980 is [...]
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