Nifty has closed at 5269 with a loss of 51 points loosing almost 1%. On the higher side market is facing major resistance in the area of 5250 and above at 5400. Crucial support is at 5250 and below that Nifty will drift down up to the area of 5200. In our view the level of 5250 will be a trend decider area and break below that area will once again bring down Nifty up to 5200.
Published by geplcapital
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