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No need to worry if short wave is up for spot nifty.

Posted: 01 Dec 2019 08:30 PM PST

Nifty is following our trend channel.

No need to worry if the short wave is up, finally if it’s up then it will not brak 12072 below.

But since today, nifty has taken resistance as the previous R.

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We will think short side only trade below 12070 below for spot level

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