#NIFTY - Daily :- Index is above Support of 8240/- and unless manages to Close above this level - its Strong. Considering Gap of 8360/- (Aug-2015) & Double Top @ Current Level, plus Bearish Divergence seen in Majority of Indicators, a Correction is likely to Follow. But, to Trade Short, one at least should confirm it with Small Time Frame Charts & Below 8240/- Support Level.
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