Nifty futures is still hovering around the dangerous level of 5120.
Its still not giving a convincing breakout.......
Our markets may take a huge move after the announcement of inflation data today.
Now a days our markets are waiting for unnecessary and useless data....
They need a data to cash on the sentiments of the crowd..
The move may be rapid....so better keep your positions light and wait for direction.....
If the Nifty breaks 5120 and falls rapidly it will be the end of the upmove and vice versa....
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