On the basis of daily moves, the markets look like they move 1 step forward and 2 steps backward.
However, what keeps diehard bulls like me going on, is the fact that after every breaking every support - the market bounces back. It's a matter of time that the resistances are also taken out.
Aggressive traders remain long/keep adding to your long positions at every fall for the near term targets of 48937/14655
Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.
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