We had gone in yesterday admitting our inability to see past 21730. Incidentally, Nifty’s opening burst fizzled off at the same region. While this also is consistent with the sideways bias we had persisted through this week, the micro tussle is setting up for a breakout soon. Perhaps not yet on the lower side, especially as long as 21500s hold. For the day, we will pursue upsides only while above 21660/75 though.
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