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Analysts decode Nifty strategy after gap-up open

Positive0

GreyOak summary

Equity benchmarks rallied over 10% recently due to lower crude prices and tax hopes. Analysts expect Nifty to gap up on Wednesday, targeting 25,400, though some foresee consolidation near 25,140. Brent crude fell 22%, and FPIs bought 53,172 crore in November.

What it affects

  • NIFTY 50Positive 0

    Expected to gap up and rally towards 25,400.Rolling sentiment Positive +40

Source

Read the original at Business Standard

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