Nifty View Today

We had anticipated an upside in the month of April with first target at 10450 and second target at 10600.
As the month of April is ending our both targets have met earlier.

The Bigger picture is one of a rally in the stock markets which is likely to face resistance sooner or later.

But, momentum is what drives the short term trade.

So far, momentum favors the bulls, which means we should be trading on the buy side.

Are you sure ?

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as per me in short term we are in correction mode, till nifty breaks it’s last high of 11171. but in long term nifty shows Indian economy which is very opportunistic.

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