SmartInvestor: After touching record highs for three consecutive trading sessions, markets seem to take a breather today as investors turned cautious and booked profits at higher levels. Nifty is hovering around 7,100 mark. How is Nifty placed technically?
Devangshu Datta: Key support at the 7100 level (futures prices). If that breaks, the index could fall till 7050 or lower. Upside, resistance about 7175 and 7200.
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