No domestic trigger seems strong enough to guide the market for now. As we remain at the mercy of the global indices, keep a close eye on your portfolio rather than swaying to the overall beat.
If NIFTY breaches 5045 and stays above 5020 with good volume then NIFTY may see 5090. If Nifty breaches 4929 and stays below 4958 then NIFTY trend is bearish.Then expected lower target is 4890.
FOR TODAY:: Nifty Future, above 5026, watch for 5037 and 5049. If crosses 5049 decisively, we may see 5099 level. Below 5031, SELL with stoploss 5039.
A man who has committed a mistake and doesn't correct it, is committing another mistake.-Confucius
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