According to Angel Broking report, if Nifty trades below 5600 levels for the first half-an-hour of trade then it may correct up to 5575-5547 levels.
Angel Broking report:
The trend deciding level for the day is 18643 / 5600 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 18714 – 18782 / 5629 – 5654 levels. However, if Nifty trades below 18643 / 5600 levels for the first half-an-hour of trade then it may correct up to 18574 – 18503 / 5575 – 5547 levels.
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