Nifty 50 Index

NIFTY50

46
Close 13350 and inability to touch min objective of 13250 keeps the momentum in favour of bulls. Higher Momentum ideally to take towards 13400 plus area. However many indicators are near the two year high, indicating profit taking at these levels. Base moves higher 13280. Intra-day stay in the range of 13310-13410 with 30 pip stop either way.

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