Nifty has support at 19950 now & is poised to touch 20200 in next 1-2 trading sessions. The momentum can take it to 20275 after a mild resistance at 20195. Markets are susceptible to negative news at all time high levels. So hedge positions if trading in F&O.
Likely range for the day 19946/20193.
Trade closed: target reached
Range forecasted - 20193/19946 Today's High/Low - 20167/20043
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