Nifty is Bear strong hold and like to get pulled by Bulls soon. In Bigger time frame nifty moves are mostly in SIDEWAY to BEARISH. Intraday is different and with VIX as high as 25 bring the market goes down-up and up-down like a roller coaster. !6500 is another psychological level and BULLS has to pull the market up till 16600 for BEARS to run and cover.
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