New Update
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​BY A STAFF REPORTER:
After one day Holiday session today’s opening mostly strong Negative & Gap-Down below 16550/520 that to be acted as resistance for today after if bounces from lower ends.
Watch for 1st 15 mins for stability after initial jerk.
• Buy near 16375/50 & add more upto 16320/30 range with stop of 16270 trail by 16287 for 1st Tgt 16430.
• If breaches & stays above that then only wait for extended tgt 16461-16484. Major 16500-530.
• But in case pull back fails to cross even after crossing 16400 but failing to cross 16440+ then Sell on rally upto 16460/70 levels as intraday basis with Sl of 16559 Trail by 16521.
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