Street Signs: GMP of TMB, DreamFolks positive, market trend positive & more

Analysts recommend traders to maintain a bullish bias and buy on dips

Market trend remains positive

The benchmark Nifty ended little changed last week despite sharp pull-back in global equities. The index last closed at 17,539. Technical analysts believe the market trend remains positive and investors can continue to buy on dips. “After sharp rise from 15,200 to 18,000, the Nifty is now consolidating. While other global indices appear to be following a similar structure, Indian markets are outperforming. At the moment, the level of 17,150 is likely to serve as a key support zone. We recommend traders maintain a bullish bias and buy on dips as long as the mentioned support