Nifty opened gap up but it was
all over in a few minutes and it started near previous day close and it took
long time before it touched the ultimate target set for the day. Even though
PEs were recommended, the down move prevented retailers from enjoying premium
on PE due to time value.
Final target
is 11740 where the gap created on 4th February is likely to get filled.
Range for tomorrow : Nifty 11740-865 BN 30250-30600.
Good Luck!
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