Nifty daily chart analysis

NSE:NIFTY   Nifty 50 Index
On Monday's session #nifty closed below 2 months low.

Important support of 200 DMA is placed at 16287.
Below 16287 nifty will head towards 15900.

Intraday setup for Tuesday

Sell Nifty below 16400
Target 16300.

Below 16300 further down fall.

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