
Nifty Dec F: NF made a gap down of over 50 points & attempted to move up & got resisted just below the identical lows it made on the last 2 days which was an indication that the PLR remains down. This also meant NF was moving away from the nice bell it had given on the composite. However NF again got stuck in a narrow range for the first half of the day when an attempt to break the IBL was swiftly rejected. It then tried to probe the morning selling tail but was rejected from there also leaving…
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