Mileen Vasudeo says: “Unless and until, Nifty breached 20,850 which was last week’s low, there is a fair chance Nifty is likely to head higher to test the levels of 21,500 to 21,800 levels. So we are bullish on Nifty and we have a stop loss of 20,850 in the Nifty. Bank Nifty saw a good recovery yesterday and now we could see some buying back coming in the latter half of the session.”
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