Indian markets closed with significant losses during this week with all sectoral indices and both benchmark indices closing in the red. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. For coming trading sessions it is expected that volatility may continue ahead and Nifty is likely to trade in 5,040-5,350 range.
For Intraday trading on Monday, trend deciding level is at 5,150. If Nifty shows strength above 5,150 level, then rally to 5,185/5,220/5,250 may be seen. If Nifty does not show strength above 5,150 levels then profit booking till 5,115/5,080 may also be seen.
For Intraday trading on Monday, trend deciding level is at 5,150. If Nifty shows strength above 5,150 level, then rally to 5,185/5,220/5,250 may be seen. If Nifty does not show strength above 5,150 levels then profit booking till 5,115/5,080 may also be seen.
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