HOLD LONG POSITIONS WITH SL 9585
FOR LIVE
MARKET CALLS PING ME
ON 09039542248
Indian Stock Market was open
flat with positive bias. The Sensex settled
at 31,297, down 14 points, while Nifty ended at 9,653, down 4 points. Indices settled the
day flat with Nifty trading near 9,650 amid lack of any strong global and
domestic cues.Technically, Indian Stock Market, including Nifty,
BankNifty has entered into positive zone. Traders can continue to hold long
positions as market is expected to make new record highs in days to come. Next
target for Nifty is set to 9684-9700-9715 levels. Breaching 9710 would force
Nifty to move towards next logical target of 9800 levels. Traders can go long
at dips until Nifty holds 9585 levels on closing basis. The support for the Nifty is 9620-9585-9560-9520
and the resistance to the up move is at 9685-9700-9710-9725 levels.
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