The Nifty and the broad market were on bullish mode as Nifty managed to stay above the 5290 mark conclusively. The technicals of the market suggest that market may continue its upward journey to 5440 and beyond if it stays above the 5325 mark for longer period in the first few sessions. The immediate support is at 5285. Stop loss will get triggered around 5220 mark, in which case the market will give up all its recent gains and find support eventually at 4950.
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