Personal View : Mayur Shah Education Instructor
Markets are likely to open on a flat to positive note tracking global markets, SGX Nifty is trading 9 points higher.
View remains same as its trading at daily resistance of 7570-7610 and RSI is also in Overbought area.
Short-Medium Term View : The upward journey is likely to continue until and unless Nifty closes below 7500 - 7400 mark. Will update the view whenever we get proper evidence on charts.
Bias remains positive for Nifty and buying on dips will be advisable.
Trade with Stoploss and with Proper Money Management.
Regards,
Mayur.
Mayur.
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