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Trading Nifty? Here are the levels to watch – RSI Edge Analysis

Nifty : Nifty posted a very strong closing in the last session. Now nifty has moved into a resistance area. The price action here will decide the further course for Nifty.

A close above 10515 will be a good gesture for the bulls and price my push upto 10620 where the next resistance is placed. Longs can be trailed at 10340 levels. However a bearish price action at 10340 levels will signal resumption of the trend downwards again.

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