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Trendalanalysis

Nifty July last weekRange has extended to 15450- 16000. Any break of any of the mentioned price then only a trending move can be expected. Any support or resistance within this range is just meant to break and to create confusion in chart analysis. Somehow expectancy is little higher to cross 16000 as dow is almost touching all time high but wait for the break, do not trade directional before that. If any bearishness is seen from 15900-16000 levels it can again come within the range of 15450-16000. Trade as per the risk appetite, Spreads are much better to trade as risk is defined Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
NSE:NIFTY
by JKoptions