Nifty made a high of 5317 low of 5211 and closed at 5221 which is 68 points down from previous close.
Nifty will now find resistance at 5250 and 5300 support comes at 5200 and 5170 once this 5170 is broken it will test 5050.
Shorting can be initiated in Nifty at 5270 with stop loss of 5310 for the target of 5205 , 5175 , 5100
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