BANKNIFTY STILL IN POSITIVE MOMENTUM, HOLD LONG WITH STRICT SL 21295
Technically, Indian Stock Market is still in positive zone but market has witnessed divergence on the last trading session of the Financial Year 2017. Now, we are into new Financial Year 2018 and on 3 April positive movement was already decide the market direction. Some profit booking can’t be ruled out at this point of time. Market would wait for RBI Monetary Policy meeting on April 05-06 and then would see some correction before resuming the positive rally.
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