NIFTY TIPS- Levels & Recommendations For Tomorrow

Nifty witnessed range bound movement today. It is now having the trading range of 4850 to 4950. Both levels are very crucial. Technically still Nifty is looking weak & could face the profit booking at the higher levels.We could see that it is not looking to hold the rally for while, which means that still there is less interest in buying than selling. I recommend sell on Nifty around the level of 4940 for the target of 4820 with the stop loss of 4990 .


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