Nifty & Bank Nifty Trading Strategy for the Day to make Profit

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Pls read the morning comments of Friday. We mentioned 2 situations for the markets. If we open gap up of 70 odd points and stay there for some time, then we are in for situation 2. We also mentioned, 1st dip is always bought into, which will happen today. Ideally, this reversal should break previous swing pivots which will be a smaller wave 5 and larger 3. 

Make profit with our nifty & banknifty tips on a daily basis.

Nifty. Support is placed at 18480/500 and resistance at 18770.

BankNifty. Support is placed at 43700 and resistance at 44300.

We still don't see a large correction happening as of now.

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