Gap down opening expected in nifty near the 23350 level. After opening if nifty starts trading below 23350 level then expected quick downside rally upto 23200 level. For today's session 23200 level will act as a important support for nifty. Upside 23500 level will act as a strong resistance. Any upside rally can be reversal from this level. Bullish movement in index only expected above 23550 level.
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