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Nifty and Sensex ends firm on rise in advance tax collection

Technicaltrendz:So after trading in 4780-4880 level,it break out and closed above it

BULL:yes,indices exhibited firm movement today following the rise in advance tax collection in the second quarter of the financial year, indicating a surge in profit expectations by the companies.All the sectoral indices ended in the green. Among them, BSE realty led the rally with a surge of 4.14%. The metal and auto indices also posted smart gains of 3.75% and 2.45% each. Bankex gained 2.4%, Power index rose 1.5% and FMCG was up 1.2%.We expect 4950 levels in this week

BEAR:today market move with event,so we expect to come back to previous range in this week.But F&O data is favorable to BULLS we know that