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NIFTYBANK - Soft Bank!

Por sreebhashyam
Soft Bank, news on exit of some investments makes new. Central Bank Chief comments to be vigilant to the banks on growing concerns or shift in the economic landscape. This comes close on the heels of, comments on rupee, huge trade deficit, falling exports. Many spaces there is short term negative divergence and hence prone for profit taking here too. So sell here below 42700 for move towards 42150. Bigger frames here are bullish, this is only profit taking mode. Also, today is the expiry. Supports 42300-42150-41880, supply 42500-42680-42730
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sreebhashyam
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