Nifty Tips Nifty after a sharp decline has formed an intraday reversal pattern which indicates 5,580 – 5,600 levels to be an immediate support.Most of the technical parameters are in overs old territory which suggests a possibility of a short term corrective rally towards the 5,650 & 5,680 levels

Action: Nifty has an immediate

Resistance at 5,630 levels and decisive

Close above expect rise to 5,680 levels.

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