Previous week our market witnessed buying interest.NIFTY and SENSEX traded positive through out the week eventhough Friday there was profit taking ahead of week end.ADAG stocks out performed. Monday NIFTY have to breach 5294 and stay above 5279 to continue the up trend.If so Nifty may see 5330/5410/5450/5500 in coming days.If NIFTY breaches 5231 and stays below 5246 then expected lower targets are 5160/5080/5050/4980. Monday SENSEX have to breach 17680 to continue buy mode.If it happens expected higher targets are 17700/17820/18175/18400.If SENSEX breaches 17462 and stays below 17516 then we can expect lower targets like 17325/17220/16880/16625. Traders continue long positions with strict stop loss of 5225.
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