NSE:NIFTY   Nifty 50 Index
Nifty bounced from the range low. The close is almost half way back point of previous day candle. Close below the half way of outside day candle is encouraging to the bears. Sharp up move from the lows around Mid BB offers hope to the bulls. However, the bears have some more room to negotiate to the bulls while we stay below 13050 area. Sell with 13065 stop for 12880.

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