Just like I posted yesterday, the market was trading rangebound between the support and the resistance levels that I mentioned.
Today doesn't seem to be any different. The range for today will be 25,876 to 26,054
American and European markets closed positively yesterday and the Asian markets are trading in positive territory this morning. GIFT Nifty is trading flat citing that the Nifty will follow suit.
As of now, there is nothing negative either globally or locally to make the markets go negative today. If it breaks the resistance barrier with huge volumes, chances are there that the markets will reach ATH today as well.
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