Nifty Spot
Nifty is heading towards the support zone. There is a cluster of
supports @ 5743, 5732, 5728 and whenever Nifty approaches near the
cluster of support then a pullback or reversal is possible. We will
initiate longs @ the levels mentioned with stop-loss @ 5720 on closing basis.
Targets are 5743, 5804, 5853, 5902, 5926.
A closing below 5720 may take nifty to 5663 and 5630 levels.
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