Crucial level to watch out will be 10583 as a close below that will lead to further sell-off to 10440.
We expect Nifty to trade between 10583 and 11118 as 13-day and 50-day SMA remains flat. Crucial level to watch out will be 10583 as a close below that will lead to further sell-off to 10440, says Subash Gangadharan, Technical Analyst, HDFC Securities.
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