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ipuneet
Feb 23, 2020 6:57 PM

Nifty - expect more downside - look out for 12040-11980 Short

Nifty 50 IndexNSE

Description

12105-12146-12207 are major resistance levels, while
12040-11980-11932 are expected to act as major support levels.

Nifty structure, global markets are indicating downward bias. Open Interest data, Option Chain and PCR indicate uptrend though.


Trade closed: target reached

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