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Bajaj Capital / 11:11 May 08,2018
On Monday, Nifty has opened on a positive note taking cues from positive global markets and it extended the gains during the day. It closed at 10715 with 97 points positive. As of now, 10600-mark is acting as an immediate support for the Nifty. The biasness may turn negative on chart only it trades and gives closing below 10600. In this case it has good support at 10300 on downside and till Nifty holds and trades above 10300 every dip is a buying opportunity in the market.
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Till Nifty trades in between 10660 and 10330, it may stay see moreconsolidation in aforesaid range. The fresh bull runs starts only if it tradesand holds above 10660. More...
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