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Nifty View for 21st August 2017

Nifty (9837) we said, technically now 9965-10005 is a possibility as long as 9780 holds’ the Nifty opened weak and traded in the red in the entire session taking care to find support near support of 9780 like a dot and yet closed in the red…technically the last hour of trading is suggestive of short covering up move and so some more down side is not ruled out but it climbs up then it is likely to find some resistance near 9911

The crucial support for the Nifty is at 9780-9750 and the resistance is at 9911-9965

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