According to Angel Broking report, if Nifty trades below 5425 levels for the first half-an-hour of trade then it may correct up to 5381-5346 levels.
Angel Broking report:
The trend deciding level for the day is 18070 / 5425 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 18179 – 18326 / 5460 - 5504 levels. However, if Nifty trades below 18070 / 5425 levels for the first half-an-hour of trade then it may correct up to 17923 – 17813 / 5381 - 5346 levels.
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