Sentiment might glide with Wall Street’s advance, on hopes for fiscal stimulus support against covid-19. The added plus may come from the ‘blanket relief’ that may be granted to select projects deemed ‘nationally significant’.

Meanwhile, second- & third-tiers might top the limelight on specific corporate story-plays.

Recommendation

Trade a range.

Immediate support is 7,070-7,100, resistance 7,200-7,280.

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