“There is many a slip between the cup and the lip, but only one slip between the cup and the ground.”
Watts
A Range Bound Day . Not much to add expect one thing that the intensity with which the fall started on friday nullified today with today action. The whole day sellers dominated the window but failed. On the contrary NF move higher today just to sell off at the end. Technically A doji formed on the charts which suggests indecision.
For tomorrow too 5370 - 5445 NF would be crucial trend deciders . On the upside break of 5445 would give immediate target of 5480 & On the downside break of 5370 would find support at 5350 and if it breaks then swift fall till 5270 NF.
Trade the above mentioned breakout.
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