Morning update Wed, 26th Nov:

Morning update Wed, 26th Nov:

In spite of gap up y’day, nifty was unable to sustain above 2780 which could have strengthened the further up move. Even after yesterday’s decline, there are strong chances for a positive bias today.
With the expiry being underway, traders should concentrate on intra-day trades only.
The trade above 2700 can make it retest y’day high of 2790 or even higher and on lower side, the breach of 2630 could make it very weak.
 
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