SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
Now mkt view...NF now 17913...17936 above goes 17981-18028-18056-18089-18118...below 17898 means 17859-17828 breaks only good selling...bnf now 41500...41579 above means 41633-41689-41777-41866-41926-41981-42181...below 41406 means 41333-41234-41141-41040-40926-40839-40777-40666-40555...for a day view..m
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