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Intraday Tips

On Friday nifty opened positively and made a top out level. It was in consolidation mode and at the end it closed flat too negatively. Because of flat closing there were no major changes in support and resistance. Now today consider higher-level resistance at 4780-4830-4880 and support at 4628-4600-4538.

Closed at 4723.
As long as holds 4700, positive bias to continue... Downside major support at 4678 to watch out... Higher level: Above 4765 it will show more power.

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