As long as the stock is above the same, the uptrend wave is likely to continue. Above this, it could move up to Rs 3,900-4,000. Traders may prefer to exit from the trading long positions on a close below Rs 3,550.
Sensex snaps 3-day gain, Nifty holds 25,900 amid IT selloff
Benchmark indices Sensex and Nifty ended largely flat on Wednesday, with the 30-share Sensex snapping its three-day gaining streak, while Nifty managed to close marginally