Nifty opened on a positive note and entire day it was trading in a narrow range of 7090 to 7130 and finally ended flat at 7123 with a gain of 0.20%. The Advance Decline ratio was almost 1:2.
Nifty tested our short term target of 7100, Now if it sustains above 7175 then we may see further upmove. On the downside, If Nifty breaks 7050 then we may see a correction, thus One should revise stop-loss to 7050 for all the long positions.
Nifty tested our short term target of 7100, Now if it sustains above 7175 then we may see further upmove. On the downside, If Nifty breaks 7050 then we may see a correction, thus One should revise stop-loss to 7050 for all the long positions.
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