Nifty50 from past 4 trading weeks is trapped in a trading zone also called as a box. A small size long can be initiated now given bounce from bottom and add more quantity on confirmation of box breakout on the upside can provide a significant opportunity to bag in 4-5% returns in a short span. Key levels for long trade are 20000 and 20300 on up side from current levels of ~19500. Share if you like this analysis.
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