Comment on Nifty Expiry with Indicative support and resistance level by Mr Shrey Jain Founder and CEO SAS Online - India`s Deep Discount Broker
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Below the Comment on Nifty Expiry by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
The Nifty 50 ended its 5-day winning streak due to profit booking at higher levels, closing at 23,516, down 42 points or 0.18 percent. With most positives already factored in, the market's attention has shifted to policy announcements and the upcoming Budget to break its range-bound trend.
Key Resistance - 23800 - 24000
Key Support - 23200 - 23400
Target - 23800
Stop-Loss - 23400
Strategy: Buy on dips
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