We saw a good up-move as Nifty broke the falling resistance line and met all of our buying targets, as predicted. For tomorrow, we can expect a move higher above 16650, although caution is advised around the 16700 zones, as it is a Nifty ATH.
Look for a selling opportunity in the morning at higher levels if we begin with a large gap-up.
Tomorrow's Expectations: A turbulent day.
Intraday Levels:
Buy Above - 16650
Sell Below - 16550
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Naveen Chowdhary
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