Overall Nifty target remains 5165 in the lower level and 5355 at the higher end. Which one will come first will be revealed within 1/2 days I think.
The last rally went up to 5249. Today it opened sharply lower and at the time of writing, it made to around 5234 and corrected . Got a support at Golden level 5222 and went up.
Nifty has to break above 5250 to become bullish and targets will be: 5264, 5289, 5296.
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