Finally, just as we had predicted, Nifty did take a beautiful bounce back from its predicted support level of 15850, and thereafter has successfully given us a closing of above 16200, which is definitely a good sign.
However, Today will be a crucial day, as we would require a consistent and a stable closing of above 16200 from Nifty for 2 more days (i.e., Today and Tomorrow).
In the Meanwhile, Stay Stock Specific and continue following the Cherry Picking Strategy, as of now.
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