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  • A big move came as expected. The index have rallied more than 1600 points in last 10 trading days.

    A resistance at 25000 have broken on upside and now prices are moving toward the next resistance at 25800.

    We are now expecting some kind of...
    A big move came as expected. The index have rallied more than 1600 points in last 10 trading days.

    A resistance at 25000 have broken on upside and now prices are moving toward the next resistance at 25800.

    We are now expecting some kind of consolidation in BANK INDEX near 25500 - 25800 zones.

    Avoid PSU BANKS and look for buying in the index as well in PVT BANKS such as HDFC BANK, INDUSIND BANK and KOTAK BANK.
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  • We continue to believe that the Indian markets are in a long term bull trend
    and the month of April will be in favor of the bulls.
    April should see a move towards 10450 and maybe even 10600.
    Traders should be positioned on the long side of the...
    We continue to believe that the Indian markets are in a long term bull trend
    and the month of April will be in favor of the bulls.
    April should see a move towards 10450 and maybe even 10600.
    Traders should be positioned on the long side of the market.
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