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Nifty Analysis for 23rd May, 23

2 weeks ago
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1 min read
  • Time Frame: 15 mins
  • Nifty future currently at 18360, in the last session it came down testing 18440 level.
  • We can expect market to open in gap down – expected level count be 18200 and above.
  • In case it opens flat it is expected to go down side and test the 1st level – 18200. This level can get retest or market can turn in range at this level. If broken it can go down till 18084, which has lower probability but since we are close to the month end trade, this type of move can come.

Shaz

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