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Volatile to Slightly Positive Stock Market Session

Again, it was a solid day for the bulls, POSITIVE GLOBAL CUES and RBI policy review lift stock markettoward its positive closing as the Sensex 130 points and Nifty settles above 7,750 supported by gains in IT, realty, power, banks, auto, and telecom stocks.

For Nifty,7,750- 7,770 will be an important level.As long as the index trades above this level, chances of an uptrend will remain in. However, below this level, Nifty might retest the support of 7,701.

Nifty Future 

 

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