-SGX NIFTY INDICATING A NEGATIVE START -USA MARKET SAW SELLING PRESSURE OVERNIGHT -RECENT LOWS WERE TESTED IN DOW JONES AND S&P 500 -AS DISCUSSED YESTERDAY MARKET TESTED 11435 -11372 LEVELS -NIFTY HAS CARRIED BY RELIANCE YESTERDAY -OTHERWISE THE INDEX WAS SUFFERING -GOING BY THE LEVELS NIFTY IS BACK ABOVE ITS 20-EMA -ON DAILY CHART NIFT HAS CREATED A BULLISH PATTERN CALLED AS "MORNING STAR" CANDLESTICK PATTERN -NOW EXPECT NIFTY TO TRADE BETWEEN 11355-11585 -CRUCIAL SUPPORT @11355(FUT) -CRUCIAL RESISTANCE PLACED @11585(FUT)
RESISTANCE FOR THE DAY (FUT) 11525-11555-11585 SUPPORT FOR THE DAY (FUT) 11275-11300-11355
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