Technical Analyst, Prakash Gaba:
Nifty (9401): We said ‘technically 9330 is a strong support to work with’. The Nifty traded weak as expected but has managed to stay above the crucial 9330 support. Technically now 9340 is a crucial support to work with.
The crucial support for the Nifty is at 9340 and the resistance is at 9500-9633.
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