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Nifty View for 13th October 2017

Nifty (10096) we said, technically the momentum seems to be shifting and so all rallies needs to be sold into until 10074 is taken out’ the Nifty opened weak and traded in the lower regions and it was the short covering that drove the nifty to cross the 10074 and close in the green…technically now 10000 has now become a crucial support to work with…next logical technical target would be 10150-200 zones….

The crucial support for the Nifty is at 10000 and the resistance is at 10150-10200

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