Morning update Thu, 1st Jan:

Morning update Thu, 1st Jan:

Wish you all a Happy New Year.
Yesterday, it was a range bound trade with low volume as expected. Today, with most of the world markets being closed, expect yet another day with low volume but in a positive direction.
The traders may initiate long / call at the open for intra-day trade to cover at EOD.
Though the intra-day trade range is small, the crossover and trade above 2980 can take nifty towards 3050.


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