Expedient Consultants

KV's ChanakyaShaala

Support at 5500

After yesterday's downtrend, Market was further down today, even below 5500. However, it has shown some support at 5500, and the market may show a technical bounce. However, there is no support from Europe as it has opened negative. If you want to go long, take a bull call spread , Nifty (5500-5600) , and keep your stop loss at 5550 (Futures)

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