US markets ended on a positive note led by healthcare and pharma stocks on the back of approval of healthcare reform bill.Europe closed weak on greece debt concerns.Back in asia markets are trading mixed with positive bias.Nifty too opened with a gap up and presently is trading at 5235.yeseterday nifty spot closed below 5214 level at 5205 which is the first indication of sell signal.Since we opened gap up today the sell signal has been nullified.But if today also we close below 5214 then the sell will be reiterated.So watch out for the closing levels today.Bulls need a close above 5270.Inbetween the trend is neutral.Since we are approaching expiry this week markets could get volatile with either side movements.Stock specific action will continue with telecom space showing some strength and realty looking weak.
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