Nifty Outlook:-
Indian equity markets traded with a
positive bias throughout the day with large cap
stocks continuing their outperformance. The Bank
Nifty index outperformed Nifty driven by stocks
like ICICI Bank & Yes Bank which closed with
strong gains. Buying on dips to continue in nifty as
long as it holds above 11800 levels, we advice
buying on dips around 11850 levels with strict
stop-loss of 11800 for the targets of 11950 -12000
levels.
Daily Chart:
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