Nifty broke past 8740! Short term momentum and portfolio stock added.
Nifty Daily
Nifty finally manages to close above crucial resistance zone at 8740; giving more confidence for the bulls that another leg up is due probably towards new high. The last one month of sideways consolidation has absorbed all over-heatedness found in the market and is providing more room for Bulls on the upside. Going long in Nifty is advisable.
Short term momentum calls for the day are: Buy Pidilite and ICICI Bank
Add to portfolio: ChennPetro
Short term momentum calls for the day are: Buy Pidilite and ICICI Bank
Add to portfolio: ChennPetro
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