Last week Nifty moved on the expected line and found resistance exactly in the given zone of 8805-8818, and from there Nifty gave us 100+ points in reward.
The view remains the same. Only a close above 8850-59 will open the upper gates for the targtes of 8910-8945-8968. And a close below 8610 may open the lower gates.
Major resistance levels are 8805-8818-8833 - 8923 - 8968-93
Major support levels are 8738 - 8602 - 8572 - 8535 - 8469 - 8325 - 8181 - 7890.
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| Nifty Spot |
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