Moneycontrol
Last Updated : Dec 05, 2018 05:54 PM IST | Source: Moneycontrol.com

Buy or Sell | Stay stock specific as Nifty can head to 11,000

Ruchit Jain, Technical Analyst, Angel Broking says that after a minor decline in the 10,770-10,800 range, the market would find support and resume its upmove.

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Last week on the day of expiry, we saw breakout above 10,770-10,800 with a gap up opening. Although largecaps are not participating in the last two-three trading session, the market trend remains positive until the 10,770-10,800 range is intact.

Ruchit Jain, Technical Analyst, Angel Broking says that after a minor decline in the 10,770-10,800 range, the market would find support and resume its upmove. On the higher side, this momentum is expected to continue to the 11,000 levels. Short term traders are advised to trade with positive bias.

To know more, watch the video.
First Published on Dec 5, 2018 02:43 pm
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