Now nifty is at multiple resistance level of 5280 – 5310 and if nifty ables to close above 5310 on daily and weekly it can have much higher targets but suppose if it fails to give close above 5310 levels then it will again form a lower top though we are making higher lows it is necessary for nifty to close above 5310 levels to have much higher tgt so now long should hold on with sl of 5150 which seems to be strong support and book profits on resistance levels and buy on dip and can make average
LONG ABOVE 5230
Likely Trading Range 5220 – 5270
Imp Supp 5235
Imp Rest 5260
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