Nifty Tomorrow
It was a good day for Indian Stock Markets. Positive cues from US and Asian markets took Indian markets to close green in most sectors. Today Nifty showed good strength and closed above 5,400 levels with positive market breadth. If Nifty manages to trade above 5,400 levels then buying interest till 5,500-5,550 may be seen in coming trading days, else profit booking may be seen.
For next intraday trading, the trend deciding level is at 5,400. If Nifty shows strength above 5,400 level, then rally to 5,455/5,500//5,550 levels may be seen. If Nifty does not show strength above 5,400 levels selling pressure till 5,340/5,300/5,260 may also be seen.
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