"SELL MARUTI FUTURE BELOW 5320 TG 5300/5280 SL 5355"
"BUY NIFTY FUTURE ABOVE 8559 TG 8589/8619 SL 8524"
Indian stocks market rebounded sharply on Thursday,
tracking similar upsurge in other global markets after Donald Trump's shock
victory. The Sensex rose as much as 491 points and the Nifty moved closer to
its crucial psychological level of 8600. The Indian stock market gained the
most in nearly 1-month, following a rebound in Asian markets after their
steepest slide since Brexit, on speculation that U.S. President-Elect Donald
Trump will pursue business-friendly policies. Nifty Realty index surged 4.5%
after losing more than 10% on black money crackdown. Nifty Bank hits 20K for
the first time since September 23, 2016. Finally, the Sensex ended with a
gain of 265 points at 27518. It opened at 27605, touched an intra-day high of
27743, and hit a low of 27457. The Nifty closed with a gain of 87 points at
8519. It opened at 8556, hitting a high of 8598 and low of 8511.
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Supports: 8500 and 8450
Resistances: 8600 and 8650
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