Spot Nifty broke the support level of 4760, however it is managing to trade above the same. Traders are advised with caution below 4760, as it could lead to further fall in the index to the minimum of 4710 and could extend to 4675.
A firm trade above 4770 could try testing 4800 mark and could extend to 4840.
With GDP numbers for the day volatility is needless to say. More shake out trades are possible for the day.
Thanks and Regards
Rohit Saxena
Losers say it is hard and impossible, but winners say it is hard but not impossible." Rohit Saxena
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