Nifty Near Resistance : Consolidation Expected !!

Nifty has been gaped up but by day passed the nifty has been failed to sustain near first resistance of 4785 - 4800. this is a indication of feared profit booking in up level and this day is not a proper bearish day because nifty closed only 14 points lower and now we have our eyes on the Dow Jones Industrial Average to open.
              And the open will show us the path to go but right before the us open i think the bias for us market are bearish and dow will lose 50 - 60 points today its just a expectation.




Happy Trading
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Mr. Yuvraj Kalshetti
MY TRADING CORP.
Omerga. Ph. 02475-251888

Posted in: Daily