It is a quite a pressure for nifty tracking the global cues in negative and IIM data will on positive. Technically in short side . unlikely take a leap to change into positive bias as it is trading near the support point , sell at high levels with tight stops , Sell nifty 4453 or 4423 with sl of 4480 to the target of 4398, 4385, 4354.
For commodities toady Crude Oil Inventories release at 8 pm so trade carefully with tight stops, for metals buy at correction for medium term.
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