2010/03/05

Opening Bell


US markets closed positive on mixed economic data on pending home sales and retail sales ahead of the Fridays big employment reading.Asian markets are up smartly.Nifty too opened with a gap up presently trading at 5110.The bias is positive ,as far as nifty closes above 5093 the trend will continue to remain up.For today if nifty spot starts trading above 5119 nifty future can be bought with a stop loss of 5092.Target for this uptrend is around 5170.Realty sector looks good.

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