GIFT Nifty up 60 points; here's the trading setup for today's session

Nifty closed above the crucial resistance zone of 22,250-300 levels on a weekly closing basis and we believe that as long as Nifty is holding above the 22,000 mark, the rally is likely to continue and it can test the next resistance zone of 22,450-500 on an immediate basis and eventually Nifty can test the level of 22,700 on the higher side.

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