Expecting Nifty open above R1 level with big gap up Open as Global indices and SGX are positive. We can expect nifty to test 16500 next week, so whenever we see a pull back its buying opportunity to go long at the Support levels.. Tomorrow wait for first 5 mins candle close and when price breaks the high of first candle initiate your Long in Nifty.
Refer the chart for detailed Intraday Support and Resistance levels.
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