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Nifty Outlook:
Nifty index opened positive and continued its up move for fourth consecutive session. It has been making higher lows from last four trading sessions and now till it holds above 9880 zones, bounce back move could continue. It formed a Northern Doji candle followed by a gap up opening. Now it has to cross and hold above immediate hurdle of 9,928-9,950 zones to witness an up move towards 10,020 and 10,050 while a hold below 9,880 could drag it towards 9,820 then 9,775.
Stocks:
MARUTI SUZUKI - BUY
Last Close: Rs 7,579
Stop Loss: Rs
Nifty index opened positive and continued its up move for fourth consecutive session. It has been making higher lows from last four trading sessions and now till it holds above 9880 zones, bounce back move could continue. It formed a Northern Doji candle followed by a gap up opening. Now it has to cross and hold above immediate hurdle of 9,928-9,950 zones to witness an up move towards 10,020 and 10,050 while a hold below 9,880 could drag it towards 9,820 then 9,775.
Stocks:
MARUTI SUZUKI - BUY
Last Close: Rs 7,579
Stop Loss: Rs
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