Buy or Sell | Trade with positive bias, Nifty has support at 11,450
  • 5 years ago
Market moved up sharply last week and broke out four months trading range, thereby indicating intermediate uptrend is firmly intact. This week too the markets moved up further although the momentum is slowing down, indicating that the markets to take a breather or witness a mild correction in the near term. Crucial support to watch for any short-term correction now at level 11,451-11,364, says Subash Gangadharan, Technical Analyst, HDFC securities.
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