Nifty short term view 23200 is a important Support for Nifty. Below 23200, ABCD gets activated and 21840/21650 are the targets. 23200-24200 is the sideways range for nifty, option sellers can sell the above range for next week. If Nifty trades below 23200, more downside possible and targets are 23080/22780 for next week. Long above 24200 for 24480/24780, but keep position size low as it is aginst the trend.
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