Nifty made a high of 5120 today and took a reserve from that level as it was expected and i did mentioned that
in my earlier post.
It seems like technical analysis knew that SNP is going to give a statement of downgrading India. (Just Like dat!!!)
Market seems to be sideways for coming days and coming data and RBI monetary policy will make a way for market.
Technically market seems to be correcting it self from this level.
Support will be seen at 5042, 4989, 4948 (Fibonacci Levels).
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