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Morning Mantra ( --- 9.00 AM )

Nifty looks well poised to make another leap towards the all-time highs. Going ahead, eyes would continue to remain on the trade war-related news along with the progress of monsoons domestically which has remained below normal so far. However, most of the negatives have already been discounted and we could also see some trends of bottom fishing starting in mid-caps.
The markets are likely to take measured steps, consolidate and then make further upmoves. A close above 11450 should take Nifty towards the 11575, 11650 levels. Strong supports at 11250 and then 11125. Unless there is some major fresh concern, we do not foresee any alarming immediate corrections.

 
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Source : Moneycontrol
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