Nifty Analysis for 11 April 16

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Nifty Analysis for 11 April On weekly chart Nifty confirms slide post last weeks (ended on 1st Apr) hanging man. For next couple weeks we can see further slide in Nifty. This has changed to sell on rise market. First resistance is near 7590, next one is at 7666 Support of 7526 is currently held, however can be broke sooner or later. Major support on weekly hart comes near 7250.

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