Nifty broken 11680 support. Range shifted down to 11550-11635.

Nifty finally broken triangle pattern on downside last Friday. Today opened gap down and broken 11600 spot too. Presently hovering above it. Final crucial support for Bulls is at 11550 spot level. Once this crucial support breaks down, we can witness freefall in market. Keep strict stoploss to long positions. Avoid building fresh long positions.
Regards
Suryadev Bandari
Research Analyst

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