Nifty may test 4248-4210: Angel

According to Angel Broking Technical Analysis report, any fall below 14262/4283 levels, the indices may test 14136–14000/4248–4210 levels.

Angel Broking Technical Analysis report:

Markets opened on a positive note and remained choppy for the first session. However, it failed to sustain at higher levels and a sharp fall was witnessed in the later part of the day. Indices are moving in the broad range of 14650–14140/4400–4250 levels. We expect the coming trading session to trade with negative bias. Any fall below 14262/4283 levels, the indices may test 14136–14000/4248–4210 levels. On the upside, 14400–14460/4315–4340 levels may act as resistance for the day.

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