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Nifty View for 8th December 2017

Nifty (10167) we said ‘technically the Nifty is still weak and our logical technical target of 10013 is within reach and bounce from 10013 is not ruled out…but a breach of 10013 could take it further down to 9994-9923’ the Nifty opened in the green and continued its journey up trapping the short to climb up and closed in the green…technically now some more upside is on the cards to 10221-10266 zones…

The crucial support for the Nifty is at 10080-10013 and the resistance is at 10221-10266

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