Nifty could surge another 5% if it tops 11,000

Technical analysts believe the Nifty is poised to move up by 2-5 per cent immediately after it manages to cross 11,000. Traders should, however, stay away from aggressive bets as the market looks overbought with the index gaining 45 per cent from the four year low of 7,511 on March 23.

from Stocks-Markets-Economic Times https://ift.tt/2WBcpi2