One more support for bull case scenario for NIFTY is DXY closing below 106 level. Till it below 106, long side may have better risk reward in case of Indian stocks. Two things are to be looked into DXY below 106 and VIX below 16. That will surely help bulls. One more important parameter is to be watched for is 10 Year G-Sec. It must stay below 7.50% for any upside in Indian Markets.
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