Nifty took a breathier today after yesterdays big move on the uipside breaking the strong resistance of 4755.
Nifty opened @ 4720 and made a high of 4845 and low of 4785 thus hovering the full session in a narrow range of 60 points making it difficult to trade on either side of the market. Nifty may try to consolidate in this area and make a fresh attempt towards 5000.
Our view on market is bullish with an immediate target of 5000 and thereafter 5200..
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