March series is set to end this holiday-truncated week- what’s the outlook

By Gaurav Arora

The April series Nifty futures is currently trading with a premium of around 240 points.

For the Index futures, FII Net Index Long exposure is at 35% which is more or less stagnant since the start of Mar series.

The Index is likely to consolidate in the range of 21,800-22,250 before any meaningful move. However, we believe, it may ultimately resume its uptrend.

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 21,700-21,800 might be th…

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