AS WE HAVE ANALYSIED A BOUNCH-BACK FROM THE LOWER LEVEL IN INDIAN INDEX(NIFTY) TODAY IT MAY BE DAY, WHEN NIFTY WILL TRADE WITHIN THE RANGE OF 4975-5107. ALL THE LEVELS ARE CRUCIAL ON CLOSING BASIS. CLOSING ABOVE 5107 MAY TAKE THE NIFTY TO 5168-5217 IN NEAR TERMS AND CLOSING BELOW 4975 WILL GIVE A UPPER-HAND TO BEARS.
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