Nifty should open with a gap up and sustain the momentum. Most likely if nifty does not cross 5630 very soon then the BEARS could be more interested in taking the nifty down.
Buy nifty if above 5594 for tgt of 5630 and 5667 (last week high) and on the down side if nifty goes below 5564 then tgt will be 5504 and further support will come at 5480 levels.
Watch out for Europe stress test results and US initial data for the stimulus updates.
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