Nifty made a high of 5132 it was not able to hold the level slowly given up and made a low of 5015 and closed for the day at 5035.8 which is 37 points down from the previous close.
Nifty will find support at 5000 psychological level if it breaks this and closes below this level a huge sell off can be expected which will take the index towards 4900 and further.5120 is acting as a good resistance .
Short Chamblfert at 105 with stop loss of 108.5 for the target of 93
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