Looks like today is the day nifty might come out of the zone..... Lets wait and watch
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Finally nifty broke that zone, BUT being on safe side we will wait for closing, no matter it moves 300 pts in a day we want it to close above that imp level then only we consider for another move...
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Again in range
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Still in range..
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will. Be only short below 10650 for swings
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Tough to come out of that range, even after budget struggling hard...
markets are always ahead..the two main events helped the nifty up..now there is nothing to keep it higher.. good thread u got going..i even posted a chart showing 11000 odds resistance and i shorted it..
keep up the good work..
mklives
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budget before elctions are populist..can also lead to a correction since the event is over.. so like u said better to wait for closing
akshay1808
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I guess till budget, Nifty will remain in the bearish mode. Post budget there could be a relief rally. No technical analysis, just a gut feeling.