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Nifty what Next ?

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis
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trendanalysis
Nifty 17053 - Nifty unable to held its close above 17134 and has dropped down. Yesterday's rally was a clear short covering .
So what Next ?






Hence we expect Nifty will be moving to our earlier mentioned target of 16580 as long as it held its close below 17112.

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