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Nifty Future Prediction to Make Money

Posted By On 11:00 AM Under

Nifty is now again range bound and it is likely to remain so for some time between 5000-5230 levels. Fresh up move or down move will take place in market above or below these levels. The Nifty encounters resistance in its up move journey at 5085-5120-5150.

Now we consider the eventuality when the level of 5000 will be broken and in such scenario some support will emerge at the level of 4945-4900-4850-4800. As a strategy one can short below 5000 to get benefitted from negative trend in the market.

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