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gift nifty: GIFT Nifty rises 90 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Equity markets cheered the exit poll results, which predicted NDA to win for the third consecutive time, and rallied over 3%, driven by broad-based buying. "We expect the market to reach new highs given the clear majority for the ruling party in exit polls, good macro trends, and solid corporate earnings. One can focus on manufacturing, capex, infrastructure and financials as themes for long term investment," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: State of the markets Gift Nifty (Earlier SGX Nifty) signals a positive start. Nifty futures on the Gift Nifty traded 88 pts or 0.38% higher at 23,555. Tech View The bulls are in full control of the markets at current juncture and are using every minor pull back to create long positions. Support for the Nifty is now seen at 23,200 and 22,950-23,000 levels. On the higher side, immediate resistance is at 23,350 level...