Expect the markets to gradually gather steam and start moving up.One can start building short term longs at the current levels, keeping a trailing stop loss below 25457/25288 depending upon your risk appetite.
The frontline indices will continue to be influenced by global cues more than anything else,nevertheless the near term outlook is cautiously positive.
|Sensex Previous Close||25,610.21|
|Sensex Fair Value||25,657|
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