NIFTY OUTLOOK FOR TOMORROW
Volatile trading
session witnessed by index today, Nifty started below 6300 but soon marched upward and managed to close above
6300. It made a high of 6303 and a low of 6241 in intraday trade.....
Thus, in our view, the levels between 6260 and
6290 would act as a strong support
zone—unless this range is decisively broken the bulls can still stage a
comeback. One thing, though, is not in their favor the international markets are showing some bit
of weakness . Nifty may face a difficulty tor cross 6350 tomorrow. We tend to
think that we are in a range bound sideways kind of a market where 6350 and
6150 are acting as boundaries of that range.
RESISTANCE:6320, 6350,6370
SUPPORT: 6300, 6270,6230
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