Nippon India ETF Nifty Bees is in a downtrend for a long time It has broken the important support level of 264. It has corrected 10% from the peak value of 294. Important support levels: 257, 251, 242, 235 How to trade NIFTYBEES? Buy 25% of the total investment at the current level. Buy another 25% if the Nifty slides further and settles on the next support level 251. The remaining buying should happen on the subsequent support levels. The target may be 30 points (294 level).
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