Friday, April 25, 2014
NIFTY RECOMMENDATIONS FOR SHARE MARKET
Nifty Market opened on a positive note but for the entire day it was trading in a narrow range of 6850 to 6830 and finally ended at 6840 with a gain of 0.37%. The Advance Decline ratio was almost flat.
Nifty was moving sideways yesterday but we feel that the market undertone is bullish and any correction is a good buying opportunity. We maintain bullish view on Nifty with our short term target of 6950. On the downside, 6650 remains an important support for short term.
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