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Nifty Outlook : Tends To Open Flat – View Global Market

Nifty is planning to open flat starting due to global and Asian markets are in negative mood. Nifty may trade 10300 to 10400.

Nifty has strong support at 10250, so no need to be tense about negative trend.

Nifty Recommendation

Book Profit at 10400 levels for a correction of 50 to 75 points with stop loss 10425.

Bank Nifty

Bank Nifty is also planning to open flat and Bank Nifty may trade between 24800 to 25200 range. Bank Nifty has a strong support at 24700.

Bank Nifty Recommendation

Book Profit at 25150 levels for a correction of 150 – 200 points with stop loos 25250.

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