Nifty short term trend is a buy and opening near Wednesday high but the spike down in Crude Oil Price will effect market sentiments in trading today, however big buying was seen by FII and Pros yesterday as Nifty on last trading day opened gap up by 70 points and continue to move higher to make a new high of 7890 while closing at 7860.The market upside rally was broad based with Bank Nifty making a new monthly high of 16416 with Small Cap Index breaking the gap level of 5090 to close at 5115. However today a correction day is on the cards and markets can give a correction by 100-125 points from recent high of 7890.
Submitted April 18, 2016 at 12:37AM by ShaileshSaraf http://ift.tt/1qSbhnZ
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