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Nifty ready to bounce . Cmp 16050.

 Nifty cmp @16050.

After prolonged sideways correction pattern, triple correction, nifty formed short term bottom around 15858.

Now it gave clear indication of upmove from hereon.

Next upside targets would be 16290/16400.

Supports 15850.

regards

suryadev bandari

research analyst


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