Another dull day with more emphasis on midcaps is on cards today too. One should keep in mind we are going through a consolidation phase. Stocks like Talwalkars are looking great these levels, given the momentum.
Our Prime Focus continued to move up and there are many more stocks lined up in the new portal coming soon...We expect to launch the same next week
Buying in Lower Level target above 5500
The Nifty is likely to trade in the range of 5430-5480. The trading strategy would
be to create short positions if the Nifty resists at around 5475 levels for targets of 5458 and 5440. On the other hand, one can also create long positions if the Nifty
takes support at around 5435 levels