Primary degree trend in NIfty is uptrend.
Every Dip is a buying opportunity. Those who miss the move at 14400 levels, now rush to enter long positions. As long as nifty holds 14600-550 zone, upward move resumes towards resistance zone 15100-15200.
investors and traders prefer to take long positions in Equities rather than Futures and Options.
Supports 14775-715.
Resistance 15050-15200.
Regards,
Suryadev Bandari
Research Analyst
www.earningwave.com
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