Share Market For Tomorrow 16-Feb

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Today Nifty showed a highly volatile session and made Doji type candlestick pattern on the charts which suggest indecision among bulls and bears at current market levels. Selling pressure may resume if Nifty trades below 5440 levels else volatility may be seen. 

For intraday trading, trend deciding level is at 5,480-5,500. If Nifty shows strength above this levels, then rally to 5,540/5,620 levels may be seen. On the other side if Nifty fails to show strength above 5,480 levels then selling till 5,450/5,400/5,350 may also be seen.

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