What is clear is that another 18 to 42 points move pending for Nifty till EOD. Whether it will be done by doing 9-21 points extension in each side or one side is the question.
So, let us conclude that minimum 6295.4 or 6336.1 is likely for Nifty Spot and it will be reasonable to expect 6283.4 or 6348.1 as well by EOD today. Keep 6316 as the Key Level for bullish or bearish views.
So trade accordingly. Watch the Trendlines in the chart given before in the previous Post.
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