There is no change in the market outlook from Friday.
Support for the day lies at 55122/16389/34300.
The short-term (closing) targets for the markets are 56019/16702, followed by 57067/17005.
BANKNIFTY has seen the most pain lately, however, the biggest contribution to the above targets will come from the BANKNIFTY only.
We continue to hold/add aggressive longs there.
The above targets are safe as long as the markets are trading above 54070/16076.
Conservative traders can keep their SL at these levels.
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