NSENIFTY opened up gapped-down today but held it well at the end of the day. Like SPX its also right at the support. If US and Europe market close positely today, we will see 4950 - 5000 range tomorrow as they are minor resistance levels. Market is still in the range so not a good one to trade. If those market goes down, we may see Nifty heading down towards 4850 region. I will be interested in Nifty at that level.
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