By the weekend market recovered some gains which suggests some positive trend for coming trading sessions. Looking at Nifty daily charts and reports it is expected that market may remain positive on Monday.
For intraday trading, trend deciding level is at 5,315-5,320. If Nifty shows strength above these levels, then rally to 5,350/5,390/5425 levels may be seen. On the downside if Nifty does not show strength above these levels then selling till 5,270/5,240/5,210 may also be seen.
For intraday trading, trend deciding level is at 5,315-5,320. If Nifty shows strength above these levels, then rally to 5,350/5,390/5425 levels may be seen. On the downside if Nifty does not show strength above these levels then selling till 5,270/5,240/5,210 may also be seen.
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