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Angel Broking: The trend deciding level for the day is 18,033/5,411 levels. If Nifty trades above this level during the first half-an-hour of trade, then we may witness a further rally up to 18,108-18,229/5,433-5,469 levels.
However, if Nifty trades below 18,033/5,411 levels for the first half-an-hour of trade, then it may correct up to 17,912-17,837/5,375-5,354 levels.
Karvy Stock Broking: “ The US markets have ended on a mixed note; while the Asian indices are trading in the red. Hence, Nifty is expected to open on a weak note. Trade short in Nifty below 5,400 levels with stop loss placed at 5,420 levels targeting 5,380 and 5,350 levels. Alternatively, trade speculative long in Nifty above 5,420, with stop loss placed at 5,400 levels for targets of 5,450-5,465 levels.
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