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NIFTY SHOW

Today nifty opened with a gap up and sustained the gains.It  has taken support and is trading well above the 200 DMA, now it might face a resistance at 5450 levels,violation of this level and close above this will boost the bullish sentiment immediate target for nifty would be 5600-5700 levels.the coming event of BUDGET will definitely have a significant effect on the markets.Traders are suggested to trade considering evrey news that comes prior to budget.
                                

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