Good morning friends, heading direct from the markets, Nifty was at 5,896.60, up 26 points or 0.45 per cent. It touched a high of 5,902.80 and a low of 5,881.80 in early trade today.
According to the Nifty charts and reports, Unless Nifty doesn't come out of these range-bound sessions, we may not witness a big move. Nifty has been continuing uptrend by making higher top - higher bottom formation on both daily and weekly chart.
Bharti
airtel falling since yesterday due to expected bad listing of
bharti infratel which lists today, if bharti infratel lists anywhere
above 220(though unlikely) bharti airtel may bounce back and rally
sharply as technically the stock has been bullish.
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