NIFTY UPDATE

So far NIFTY is unable to sustain below 16,950-17,000 which is required to get the momentum going on downside. If NIFTYY doesn’t sustain below mentioned zone then we could see a minor rally. Ofcourse to re-test lows. Also watch:out for Todays closing. If it closes below 17,060 then it would be the lowest Closing in last 8 weeks so do take a note of that!

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