A relief rally can give opportunities to make profits on the positive side.
Bearish sentiment is ruling the market right now. Concerns over rising crude prices and a depreciation in the value of the rupee still weigh on the markets.
Can the Nifty be expected to consolidate between 10,800 - 11,200 levels? A relief rally can give opportunities to make profits on the positive side.It is recommended to remain a buyer on the Nifty and Nifty Bank. The pharmaceutical and IT sectors are expected to show strength this week. A pullback rally in oil marketing companies could also happen in the coming days.