Weak Nifty may trade further downward
NIFTY has been trading in the same direction as previously analysed, it is not showing any strength to see upside movement, we may see nifty to trade in the projected target of 7905 as previous support level and 2nd 7652 in near term. Nifty has to break the trend line to see upside.
Trade active
stay short nifty till first target
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