Nifty is highly volatile and still holding 4960 today was insider day where no high or low of previous day was breached but the swing was highly volatile today touch both our levels, nifty has hold 5000 levels and it seems that there is buying at the lower levels and strong sell is seen above 5050 it is clear from charts that resistance is at 5100 shown by red line so range is 4960 - 5100 buy the dip sell the rise
FII are net sellers and DII are net buyers in cash segment.
Now for tomorrow nifty shall open near 5024 levels for higher targets 5067 – 5094 – 5137 with stoploss of 5007 below which nifty can drift down to 4963 – 4936 – 4892 levels
Positional shorts below 4925 only until then try to buy near stop loss or play intraday levels. Nifty swing shall change if close below 4960 WHICH IS MARKED BY PINK LINE for two days till then swing is Up
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