Market is trading in a wider range of 9500 and 10550 for few days.After giving a false breakout in hourly and daily charts the volatility has increased.As sgx nifty is trading 2 percent higher I hope that trend to follow here .So I expect a gap up opening.However I will take long position only if hourly and 15 MTs charts gave a buy signal.I still believe that market in daily chart will move near or surpass it's 200 DEMA.So if a buy is given that will be our point of exit.
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