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Nifty View for 23rd October 2017

Nifty (10147) we said, we are now into a short mahurat trading and I would maintain that 10150 is a very crucial support to work with’ the Nifty opened flat but traded in the red in the short trading session to close deeply in the red trapping all the Mahurat buyers….technically the Nifty is still above the crucial 10000 mark and there is hope as long as that holds… but in the short term there is a possibility that the Nifty can slide to further to 10043…a gap open is not ruled out…

The crucial support for the Nifty is at 10043-9972 and the resistance is at 10212

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