Yesterday NIFTY opened on a positive note and it jumped above the 19850 mark in early trade, but after making a high of 19875, it could not sustain on higher levels and witnessed some profit booking. Finally it ended almost flat. NIFTY is trading sideways but the market undertone is bullish thus we maintain a bullish view with our target of 20100. On the downside, the range of 19650 to 19600 will play as an important support.
|Buy above 19875||19824||19975|
|Sell below 19725||19776||19625|