Strong Opening for Nifty 0 1175

The Nifty is trading well above 11,300-mark.
Nifty levels


  • 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.
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