Nifty witnessed the slight correction today & in the end managed to close above 5300 level. Today one thing was very vital that is the recovery from the support level of 5300 which means that market still holding the up trend & could continue the same trend for a while. One should focus on long side in nifty future above 5400 for the targets of 5500 & 5550. In the intra day trading we might expect the lower levels of 5250 to 5260 if it break again 5300 to 5295.
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