Nifty may move to levels of 10730

Nifty index has been maintaining a strong up trend. It is at its all time highs. Recently, it has broken above a rising trend line.

Nifty target

Looking at the daily candlestick chart for Nifty, it appears preparing for more upmove. It may head towards 10730 level in coming days.

For that, Nifty needs to stay above 10230 level. Traders may trade long in Nifty for higher targets. Keep stop-loss around 10200.

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