My Nifty barometer suggest 5140 is very strong support for any down move. Breaching of this level may consider as downtrend for short term.
-Expect Gap Down opening around 5169 at & will move sharply towards 5180
-My main level to watch is 5140, 5169, 5180, 5295 to 5205,
-Do not forgot 5169 which was very important resistance for a long period of time, and if Nifty closes below this level on Weekly basis then it would be a weaker sign for coming week.
My Nifty Camarilla level is
5140 > 5150 > 5169 > 5180 > 5195 to 5205 (Struggle) > 5240 > 5265 > 5300
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