Indeks Nifty 50

Next level to Watch on NIFTY

104
The fall has been quite steep in last few trading sessions. Oct Expiry is also putting pressure, along with global cues. The journey to 18500 will not be too fast but ultimately it seems this is the level where we should see buying return back, if we are still in a bull market( which we are I suppose).

More correction is expected on ultra hot indexes like Smallcap and Midcap.

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