Nifty Not to Buy @ this level
As the chart of Nifty 50 shows weakness near its resistance levels around 11680. Traders are advised not to buy Nifty till its crossing important levels of 11680-90 as it has already taken big moves in previous two trading sessions. If any point of time, Nifty breaches the resistance levels, we may see some more short covering which further moves it towards 11820 levels and support levels also extended up to 11300 levels as per option data today.
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