The Nifty is trading well above 11,300-mark.
- Asian indices trading in the green followed by Dow Jones closed at fresh all time highs.
- Good global cues along with a stronger rupee are aiding sentiment on D-Street and made strong opening for Nifty
- All the sectoral indices are trading in green with metal and pharma outperforming, while PSU Bank, realty, FMCG and media stocks were down.
- Nifty future may trade between 11260 and 11380.
Nifty50 Technical Analysis: Three Black Crows.
- The Nity50 on Wednesday declined for the third straight session and formed a candle similar to Three Black Crows.
- Means bears holding fort.