Nifty - Levels to watch out...
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A gap-down on cards as Gift Nifty indicates an opening down of ~250 points.
Considering the Nifty (spot) chart, the multiple trendlines and previous swings indicate the major support area of the 22,800-23,000 zone.
If bulls manage to hold this, it may potentially turn into a buying opportunity. Wait for the markets to react to the support zone.
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Sir thanks for the analysis.
