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18225 acts as Laxman Rekha for next direction.

 

#nifty as per last update, 
nifty faced stiff resistance at 18350 and heading lower. 
As per updated chart pattern, 18225 acts as laxman rekha for next direction. 
Below that 1800-17900 possible.  
 
Regards,
Suryadev Bandari
Research Analyst

 

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