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Key support range 25400-370 broken down. Stay alert.

Nifty broken down key support range 25400-370 yesterday on the news of 500% tariff rate on BRICS countries.

Its time to stay alert.

key support at 25284 as per daily t.f. Bulls must sustain above this level to move higher levels otherwise Once this support breaks and sustain below, then further selling pressure can drag nifty down towards 24880-800 positionally.

Keep strict stoploss to long positions.

Regards,

Suryadev Bandari

Research Analyst

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