Nifty Tips
A recovery could be seen in Indian
markets for last couple of days and Today also Nifty made a handsome
gain of 1% to close above 5420 level. The market made a closing near
its day high of 5424.85. According the the experts, FIIs investment has increased in last few days which have supported the market to
trade in greener zone.
If market continues to trade this way,
FMCG and infra stocks may see good upside and would not take time to
touch 5500-5550 level however a profit booking can be seen after
that.
Technically Support for nifty tomorrow
is 5378-5340 while above 5438, nifty may go up to 5470-5500 level.
For Tomorrow, Intraday traders can buy
Lupin above 573.50 for the targets of 578-583.50-585 level
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