Nifty is looking weak and we can expect further downside. Important support level is placed around 24500-24555 and if nifty breaches this support then we can expect a down move to continue upto levels of 24400-268 and below. But if nifty crosses and sustains above 24745-800 range then we can expect a short reversal and we can expect nifty to then test resistance levels of 25115-25237.
All levels are marked in the chart posted.
All levels are marked in the chart posted.
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