Nifty Not Showing Strength Above 4600 And As An When It Tried To Cross It Failed Due To Lac Of Momentum Also There Is Negative Divergence In Ss And Rsi So May Be A Down Day For Tomorrow If Not Crossed Desessively Above 4600 Also Unless We Donot Close Below 4300 The Trend Remains Up And 4400 Becomes Strong Supports Markets Can Make New High Also So Hold Long With Sl 4500
LEVEL FOR THE DAY
TECHNICAL OUTLOOK :
Imp Support 4545, Imp Resistance 4585,
Likely Trading Range 4525-4605,
Trade on long Above 4556 and Vice versa
Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.
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