Today the Nifty can cross 5310 and then test 5360-5370.If 5310 is crossed then buy with target of 5360-5370.If Nifty slips below 5310 then go short with target of 5255-5260.
Indian market is likely to have a positive opening on the back of strong positive global cues. On Friday, the Indian markets ended on a positive note, as BSE Sensex closed higher by 260.89 points at 14,424.87 while Nifty grew by 75.2 points to close at 4,190.15. We expect the market to remain optimism during the trading session.
Friday, the US markets closed in green The Dow Jones Industrial Average (DJIA) grew by 142.99 points to close at 13,378.87. The S&P 500 (SPX) index increased by 16.87 points to close at 1,479.37 and the NASDAQ Composite (RIXF) advanced by 34.99 points to close at 2,576.69.
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