Finally Nifty breached 4800 today at the start of the day after a long wait of almost 3 weeks. Finally some good news for intraday and positional traders. The target for nifty is now 4940 and then 5000. The Bank nifty has been out performing nifty for the last week now and should pull nifty up for this week as well. Hope this is right I am invested long.
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