The Indian market ended with modest gains on Tuesday dragged by Sun Pharma and Hindalco. Market closes with minor gains Sensex & Nifty post record close. Nifty gains 37 points to 13393 & Sensex 182 points to 45609. Banknifty advances 50 points to 30262 & midcap index 11 points to 20439.
The markets are bullish
with upbeat momentum. Traders can consider booking profits at regular intervals
and updating their stop loss levels too. We have a strong support at 13000-12950.
A buy on dips strategy is advised whenever there are intraday drops or
corrective phases. A target of 13150-13200 over a period of time is likely.
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Resistance: 13150, 13200,
13250
Support: 13000,
12950, 12900
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