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Nifty 18-20 May 2016

Nifty in the sideways horizontal band.
Nifty further uptrend will continue, once 7500 Put Option December close below 156.20....Trend Resume Upside.
If, 7500 Put Option (December), breaks above 246.80 and closes as well...then Nifty downtrend resume...

Till then, Nifty will trade within the Band... 

Source: fellow trader amitrandive