Morning update Tue, 16th Dec:
Expect a flat or slightly weak open and the trade below 2980 could drift nifty towards 2940, followed by 2905. Tomorrow is yet another weak day indicating strong chances for a gap-down and traders may carry their shorts for tomorrow.
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DISCLAIMER:
Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.
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