''Indian markets are expected to open on flat note tracking the SGX Nifty and most of its Asian peers,'' according to Angel Broking. U.S. markets fluctuated throughout the trading session and closed slightly lower on Thursday as markets concerned about some of the disappointing economic data.
''The trend deciding level for the day is 28,680 / 8,704 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 28,862-29,059 / 8,763-8,818 levels. However, if Nifty trades below 28,680 / 8,704 levels for the first half-an-hour of trade then it may correct towards 28,484-28,301 / 8,648-8,590 levels, it added.
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