The latest analysis and commentary by stock market guru Prakash Gaba of prakashgaba.com on what is moving the markets today.
On the Nifty, Gaba recommended to trade long. He advised a stop closer to 10,490. Gaba said, for the day it is a good place to book profits and a dip can also be seen, but for the long term, he thinks the Nifty looks stretched. He believes that the Nifty can go up higher, but as it keeps going higher, it gets stretched. The technical target is 10,562, Gaba said.
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