A gap down opening keeping with the bearishness of yesterday's candle.The long upper shadow shows selling at higher levels.The oscillators have turned down from the overbought level on daily charts showing weakened upward momentum.
The Bank Nifty is trying to take support between the 50% and 61.85 fibo levels of the rise from 10183.Only a fall below 10183 will bring downward momentum.Only a break above 11184 will bring in upward momentum.This thousand point range should be difficult to trade.
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