A sharp fall observed due to negative news flow with RBI not changing repo or CRR rates. On EOD charts 2094 to 2096 acts as immediate support levels, and so far from the chart looks like a round bottom is getting formed.
Nifty on the other hand has not taken out 5050 levels and Bank Nifty has not fallen drastically from its support zone of 9785 to 9800. So far technically things look intact. We may have to see what this correction does further to the market.
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