Nifty Chart

Nifty Trade support 8540-4533 resistance 8627-2631
Nifty Trend support 8470-8463 resistance 8694-8703

Exactly bounced from 38.2% of the previous swing after touched 161.8%
of swing 8445-7961.  So technically bounced for lower top up to min 50%
of the current swing 8694.  Wait and watch

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