As even yesterday we had witnessed a stable closing of above 17300 in Nifty. We can say that somehow the probability of the index moving ahead to the next level of Resistance of 17630 and gradually to 17800 has increased.
Thereby, with our trailed support level of 17300, we are now looking forward to witness a further uprise in the levels of the Index in the upcoming days.
Until then, stay Stock Specific and continue following the Cherry Picking Strategy.
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