The nifty futures close today indicates end of up move. we have witnessed nifty closing daily high for the ninth consecutive day. This happens after a gap of four years. Last time it happened in Sep 2014.
If nifty is not able to surpass today's high and also close below today's close tomorrow, it is indication of temporary reversal of trend.
Be alert if you are long and reduce your exposure.
Nifty futures has a strong support at 10350 while for BNF support lies at 24975.
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