Expecting Nifty open sideways / small gap up - if any rejection around Sell reversal 16388 and we can go short for quick scalping for the target of CPR BC. For Long if any pull back to CPR Pivot / BUY Reversal is where we can initiate our long entry with reversal confirmation. Nifty is Still in BULLISH mode until it tests 16435 & 16500.
Refer the chart for detailed Intraday Support and Resistance levels.
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