Today nifty will open gap up near the 23200 level. After opening it will face resistance at this level. Small upside rally expected if nifty starts trading above 23200 level this rally can goes upto 23350 level. Expected strong rejection from this level and further downside movement in nifty. After reversal confirmation from this level downside expected target will be upto 23050. Further strong fall in index expected below 23000 level.
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