A positive start for the market is
waiting for its persistence for the day. Where is Nifty heading to?
A prolonged consolidation phase of one
week ended up with negative closing yesterday so expert are
anticipating today's session turn out to be positive. However for
near term, the market is expected to remain flat to negative as
profit booking season is approaching closer.
Asian markets have also witnessed a flat
opening which is indicating that a range bound session can be seen
today.
Inability to remain above 5240 may
bring some downside in Nifty while sustaining above the vital level
of 5355 can trigger buying volume in the market.
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