Nifty has started the day without hitting the bull (6288) or bear S/L (6354) yet for the day. Now what can be expected? Mostly rangebound moves expected and anytime during the day it should hit either the Bull or Bear S/L and bounce from there. If a breakout or breakdown happens we shall see accordingly. Now Sell High and Buy low till breakout.
Watch out break of 6321 for going to bull stop loss (6288) or holding it for reaching the Bear Stop Loss (6354).
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