WEEKLY || NIFTY || A POSSIBLE BREACH OF 11550 ON THE CARDS!

One might sell Nifty for the coming week with the SL of 11765 and target below 11550. Bank Nifty gave a negative close after 6 weeks which might aggravate the move on the downside. One might want to avoid aggressive positions as the elections get started next week.

*All levels are Cash levels.

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Nifty makes a low below 11550. Closing positions as got a 100 point move in a single day.