Nifty would open 1% gap-up following Positive Global Markets. If Nifty Fut sustains above 5621, further short-covering may fuel upmove till 5660/5680. If fails to cross 5621, would be rangebound between 5565-5621. Now 5550-5565 would act as strong support for the markets.
Nifty Fut will find support @ 5565 & 5538. Upside Resistance will be capped @ 5621 & 5645. Probable Trading Range 5538-5645.
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Team Market View Investments.
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