If Nifty crosses 10,500, the chances of its turning back could be low. Global market cues are good so far. Government measures for liquidity, economic revival, lockdown relaxation and industrial production are helping the bulls.
Indo-China border tensions if aggravated could be one of the major reasons for the bear comeback apart from economic slackness due to corona.
Nevertheless, the market is trying to come in to its own. You can watch out for 10,500 next.
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