Nifty is likely to open at the resistance.

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Yesterday I had suggested 11914 as resistance for nifty.
Nifty retraced from 11911(3 points short of that)
This zone offers strong resistance how ever nifty
if it takes this level out..higher levels are possible.
Ghi chú
SGX nifty has already retraced from resistance level.
Hence nifty may not open at the resistance level.
Trend Analysis

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