TECHNICAL OUTLOOK 26 FEBRUARY

Nifty 3938.95

As long as Nifty trades below 4030, the trend would remain weak and in the downside it could test 3850 and below this level it could test 3750.Instead, if Nifty trades above 4030, it would confirm the termination of the correction.

In the extreme short term, cross over of 3850 or 4030 would decide the direction of the trend.

Today it is likely to trade in between 3990 and 3850.




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