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Hold Nifty longs with 10,700 Stop loss; Resistances seen at 10,888 and 10,985
Nifty has been registering similar high for last two sessions around 10,888-odd levels. However, double- bottom reversal from 10,585 registered on February 19 is strong positional support for the Nifty. Traders should remain bullish on the index with a stop-loss of 10,700, where maximum Put writing took place in the last few sessions.
BUY HCL TECH (Rs 1,057)
Target Rs 1,190
Stop-loss Rs 1,026
The stock has given breakout from bullish “Flag” pattern in the daily charts, which indicates the continuation of a primary uptrend. It
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