A lot of people make money in market trading Nifty and thus it makes sense t study the pattern of Nifty and one will find that market is seeing only stock specific action.

Nifty need to hold the level of 5400-5350 and if this level is broken than we are going to see a commencement of fall in the market and it is likely to fid good support at every round figure Nifty level and projection of Fibonacci series downward suggests that Nifty is likely to maximum fall to the level of 5000 and it could be a good stock picking point.
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