According to chart analysis by experts, Nifty may cross 8000 resistance level. However today the sluggishness in the market is due to Changes in tax agreement with Mauritius, but the market has also shown recovery. Hopefully, the trend will remain bullish market. Traders are advised to make long positions in the Nifty with a stop loss of 7750. Experts advised traders to follow buy on dips strategy. Buy Axis Bank, Yes Bank, and IndusInd Bank banks.