sudhanshu_raaz

Negative sign in Nifty and Bank Nifty.

Short
NSE:NIFTY   Nifty 50 Index
As Nifty has shown rejection from its crucial resistance of 16400, it is likely that it will be sideway to negative in current and coming week with 15430 as support. Last hope for market for upward movement is if it takes support at 16214, and try to breakout from 16400 level , failure from doing so will confirm the weakness of market.

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