Nifty ended with a loss of 0.18 percent at 8963.45. Tracking global market cues it opened positive followed by sharp sell off from that previous double top resistance area 8980, day’s high was 8977. However, Nifty crucial support of 8920 is still well intact. Reacting down from day’s high 8977 and closing nearer to day’s low 8933 led to a bearish candle. Hence, buying is not advised except a very few, rather one can look for selling opportunities on rise around crucial resistances as long as Nifty trades below established double top resistance.
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