Nifty 14529 - Our review

NSE:NIFTY   Nifty 50 Index
Nifty 14529 - We expected and posted on Thursday that SM has more possibility push down Nifty to support 14970 .But Nifty pushed further down and we find some short recovery with accumulation around 14850 which was negated as panic selling push down nifty further down with bond yield announcement. We find heavy accumulation at the end of the session. We expect Nifty to raise again and test the resistance 15150 region.

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