No doubt there's been good strength in the market. But are we now about to run out of energy? Although NIFTY took out a recent high (see chart), we are just a few points away from the danger level of 270 degrees. Watch closely how NIFTY behaves around that level.
Projected High: 4,496.5503 (27.4502 points)
Projected Low: 4,409.1504 (59.9497 points)
Bullish above 4,489
Bearish below 4,449
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