Nifty Analysis
Nifty Trend Support 6225-6219 Resistance 6349-6355
Breakout buy above 6310+, support buy around 6220+
Oscillators at OBZ in hourly, and BUY mode in daily.
23.6% of 5972-6415 at 6310, so intra-day range may
be around 6270-6310. Nifty failed to hold above 6310
consecutively 3 days from new high, and failed to hold
above 3 times.
19th analysis : "This bounce will sustain only above 6325. So profit booking
around 23.6% [6310]is a cautious action."
EXACTLY reversed from 6317.
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