NIFTY Update

NIFTY in no mood to provide entering opportunity to conservative Traderrs as posted yesterday need to buy on dipps. A very minor dipp was offered by markets last afternoon. Since then NIFTY in hurry to achieve another Target of 11725 which was mentioned yesterday. Because today is Gann date action was always expected. The nearest support from here is 11500 which is a Triangle Point of this cycle. Again fresh purchases should be avoided at current levels because real support still lies at 11380 on spot. September is an Intresting month for all Financial Markets. More on that later

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