Nifty continue the upward rally today & in the end managed to close above 5200 mark. Technically now it is looking that 5250 would be next hurdle for it. Closing above this resistance may take up it till the higher levels of 5315 to 5325 in near term.in the nifty future. We recommend that traders could hold long position for the targets of 5320 to 5325. Those who like to initiate the long position could do above 5250.
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