The Nifty is likely to trade in the range of 5440-5500. The trading strategy would
be to create short positions if the Nifty resists at around 5495 levels for targets of 5470 and 5450. On the other hand, one can also create long positions if the Nifty
takes support at around 5440 levels
Bulls grabbed the final hour of the trade with both hands and Nifty is ready to take a shot at 5500 levels today. But underlying volume strength is missing in the current market. Midcaps are flying high and our top pick Prime Focus nearly doubled. We have further higher targets for the same....And we continue to mention about a 3 year multibagger (a 5X bagger) currently trading below Rs 20 levels. Having said that the stock might not move up in the short term. It is time to accumulate