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NIFTY Closed above 100 DMA and also it took support in its previous swing low. Target 11000 active
Breaking the trendline - it will go long or short.
Right now it is consolidating phase.
Positional entry for 10 to 20 points
For Long term view, it needs to break the trend line resistance
Below the support go short.
At major resistance, expect good 20 to 30 points down move.
Taken support at 200 SMA. It might break 27000 once market digests bad news.
It took support at trend line and went up. Next possible resistance is 300.
SUN PHARMA needs to cross its swing high resistance.
Bank Nifty should cross the trendline for any upmove