Nifty future made a high of 10695 against the projected target of 10710. The intraday price action shows the bullishness of the rally and the potential of it crossing the target of 10710 to the next resistance level of 10727 and 10781.The Candlestick pattern on the daily chart is very bullish.
The day traders can buy it above 10677 with a stop loss of 10645 for the target of 10727 and 10781.
The positional traders should continue to hold a long position with a stop loss of below 10645 on a closing basis, for the target of 10781.
I will not recommend any selling till it closes below 10645 for this week.
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