The market was down yesterday and the Global cues are not supportive. Since the US market closed flat, rupee is declining and Asian stock markets opened negative today, we can not expect a good day for Indian markets too. The market may see a rally for a while but major resistance to break is 5100 level.
In today's market, For nifty futures, a strategy of Buy on rally could be the best option for the traders.
Nifty started the day with negative mark. Today's session is likely to remain choppy.
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