Nifty futures touched a low of 10125 and bounced back in the last 45 minutes of trade to close at 10163.
The lower side earlier was predicted in this blog as 10119. Today almost it has been met.
A close above 10205 signifies uptrend and a close below 10119 indicates further down trend up to 9982. As of now it is sell on rise situation
If Bank nifty breaks the most critical level of 25150 in spot we can expect a fall below 25000.
Since tomorrow is expiry day, keep an eye on the levels and take position accordingly.
Happy Trading!
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