Short till 9500-9600. Long term outlook is still positive.

By Ravi_Solanki
So as you can see Nifty is moving up in a band and the correction was due to shed off some weight.

To keep it simple if you are a long term investor, no need to worry, Nifty will take support at 9500-9600 levels. However closing Below 9500 will be worrisome.

For swing short TP would be 9500-9600.

Thanks.
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Ravi_Solanki

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