According to Dolat Capital, if Nifty continues to trade below 7500, we may see further downside.
Major Long unwinding was seen across the board during last week. Nifty is not able to cross 7800. Nifty has closed below major support of 7480. Shorts have not yet entered. However, if Nifty continues to trade below 7500, we may see further downside.
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