The nifty 50 scrips analysis indicate that all scrips are likely to continue the uptrend.
Key numbers to watch out in Nifty is 11770.40. This was the opening number of 8th July 2019 when the fall started. A close above this level, shall take nifty to next critical number 11840, being July month opening figure. Once this number is conquered, creating new high is possible. But go strictly by levels. Remember above 11840 weekly close is essential for a good rally to surpass previous high.
On the support side,nifty should protect 11491.20 to ensure further rally. A close below this means bears having upper hand.
Trade with caution as market may be choppy till Assembly election verdict is out.
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