Nifty made a high of 4879 low of 4823 and closed at 4849 which is 93 points down from the previous close.
Still the gap remains but the thing is 10 points has reduced now the gap is between 4878 and 4905.This area will act as a good resistance.
Every rise of Nifty can be utilized for shorting. Now the next target for Nifty will be 4760 and 4720.
Short ICICIBANK 852 stop loss 862 target 830 , 812
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