Nifty for the day made a high of 5168 low of 5109 and closed at 5133 which is 7 points down from previous close.
Nifty will be facing resistance between 5170-5230 on clearing this it will take Nifty towards 5330. Support comes at 5110 and 5070.
As FOMC meeting takes place today the move will be based on the statement only.
Sell JPASSOCIATE at 75 with stop loss of 76 for the target of 72
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