Nifty continue the upward rally today and made the high of 5480. Overall it was the highly volatile session. Technically market looking well set to break the level of 5500 in near time. Decisive closing above 5500 may lead it towards the levels of 5600 to 5610 in near run. In the downside the intra day support seems to be around the levels of 5400 to 5405. Closing below this support range may slip it till the lower levels of 5350 to 5355 in near run.
For trading we have already mentioned in our previous reports that every dip in nifty future is the buying opportunity until it close below 5350, the next targets in it seems to be at the level of 5500, 5550 in near run.
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