Nifty Tips
With a strong Opening Note, Nifty
started off the day well and has gained more than 30 points in first
few minutes of the trade. US markets closed higher yesterday and
Asian markets are also trading up in this hour so Indian market
witnessed a green start up.
If nifty manages to stay above 5250
consistently, we can expect this upside to last for the day long.
Above 5270, Nifty may even touch 5300+ levels today.
Technically also, market was almost
like in oversold position so the trend is likely to persist for the
day. But inability to sustain above 5250 may negate our bullish
view.
Future Traders can buy nifty above 5270
for the target of 5300-5320 level.
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