Fed chairman Jerome Powell today will testify today in US which will be trigger for today. Crude and metal prices seem to be weaken further due to expected recession.
Technically, Nifty refused to sustain above 15700 which was resistance for yesterday. This resistance is now confirmed and bull run only will resume above 15700. Till then it is going to be sell from high and buy from low. Near 15400 level buying again can be done. Traders are advised to trade in both sides unless it closes above 15700. Strict stop loss we must follow while trading
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