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Showing posts from May, 2026

Bulls Failed to surpass 23800 resistance zone. Bears getting strength now.

 Nifty tested our resistance zone 23800 but failed to sustain there and bears dragged nifty lower. Now next key support at 23150, this is laxman rekha for trend deciding level. Once Bulls fails to hold this support 23150 on closing basis, Next direction is down side begins. Keep strict stoploss to long positions.  severe selloff possible below 23150 support. regards Suryadev Bandari Research Analyst