NIFTY has formed a spinning -top / doji like candle pattern. this Depicts indecision so for the short term market may go any direction .

Looking at the strong uptrend and 9700 as strong resistance we expect bias towards bearishness.

NIFTY  likely to fall between the range of 9400-9300

Fresh buying can be done at the support zone as longer term NIFTY remains Bullish.

20 EMA & 50 EMA completely bullish ready to act as support and will throw NIFTY back!

 

NEXT SUPPORT 9550
NEXT RESISTANCE 9770

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