The present rate action on the daily graph advises that 8050 range holds impact going forward. In coming trading session if Nifty trades over 8161 range then the bullish suggestion of the strike blueprint would obtain triggered. In such situation Nifty may analysis 8200 – 8230 ranges. On the weakness, 8080 – 8050 may act as bear for the day. At there we are of the opinion that 8050 is expected to hold and Nifty is expected to bound up to 8200 – 8270 ranges.
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