Indian Markets to open higher on Tuesday - TRANS SCAN

The Indian markets are expected to open higher on Tuesday tracking positive Asian markets. The index may experience some bounce back as it is trading near its key support levels, according to analysts. Daily chart indicates that momentum indicators are extremely over-sold and hence a recovery cannot be ruled out.

Overnight, US Stocks edged higher as investors staged a late-day rebound despite concerns about growth and China's housing market.

Asian share rebounded tracking gains in global markets as investors find value in beaten down stocks.

Source : Equity Bulls

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