After making weekly bearish candlestick pattern, Nifty continued selling pressure, which shows short term trend of market is down and intermediate correction is on. However, Nifty's long term trend is up.
For trading during the next sessions, trend deciding level is 5,900-5,950. If Nifty shows strength above 5,950 levels then we may see rally to 6025/6075/6150/6225 levels. If Nifty doesn't sustain above 5900 levels then decline to 5825/5750/5650 may also be seen.
For trading during the next sessions, trend deciding level is 5,900-5,950. If Nifty shows strength above 5,950 levels then we may see rally to 6025/6075/6150/6225 levels. If Nifty doesn't sustain above 5900 levels then decline to 5825/5750/5650 may also be seen.
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