''Indian markets are expected to open on positive note tracking SGX Nifty and most of Asian markets. India's benchmark indexes Sensex and Nifty rose to over one-week highs on Tuesday, after the government on Monday decided to bring about an ordinance to resolve the uncertainty stemming from the Supreme Court's decision to cancel 214 coal blocks and carry out reforms in the coal sector,'' according to Angel Broking.
''The trend deciding level for the day is 26,533 / 7,913 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 26,658 - 26,741 / 7,951 - 7,975 levels,'' it said.
''However, if Nifty trades below 26,533 / 7,913 levels for the first half-an-hour of trade then it may correct 26,450 - 26,324 / 7,889 - 7,851 levels,'' it added.
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