Nifty call: Go long and accumulate on dips with a stop-loss at 9,430
Nifty 50 May futures (9,455)
The Nifty 50 futures contract is gaining momentum. After recording a close above the psychological 9,400 mark on Wednesday, the contract opened with a gap-up today and has risen further. The outlook is bullish. Support is in the 9,450-9,440 region which can limit the downside during the day. Immediate resistance is at 9,460. A strong break above this hurdle can t...
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