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We still maintain our stance that the trend is volatile and pullback rally is in offing and selling may emerge. Hence trader needs to be cautious at current level.
Dear Trader… Index future longs and shorts were boosted by FIIs, as Nifty climbed to yet another peak. More significant has been the hefty rise in index, FPIs continued to buy front line blue chip counters in Indian stock markets and equity benchmarks continued to trade bullish. The sentiments got