Xpert Nifty
09-MAY
Yesterday we have seen that all the gains based of GAAR News has been wipe out.
Technically this formation is called bulls trap.
I am saying from 5240 that the trend is -ve and remain short also the same we have said on 07-MAY (refer earlier blog for proof) Still i am saying strong support coming around 4800.
Trend = -ve
Res. = 5150-5220
Sup. = 4900-4800
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