Nifty opened on a positive note and tested 6750 mark but after making a high of 6763, it witnessed profit booking and it made a low of 6723 in the afternoon session. Thereafter it witnessed some recovery and it ended at 6752.
Nifty is continuously making higher tops and higher bottoms on the intraday chart in today's stock market.
This uptrend of nifty will continue so any correction is a good buying opportunity for toady's nifty. We are suggesting to maintain bullish view on Nifty with the target of 6950. On the downside, Nifty has the short term support at the level 6430.
Support Level 2 : 6706
Resistance Level 1: 6769
Resistance Level 2 : 6786
This uptrend of nifty will continue so any correction is a good buying opportunity for toady's nifty. We are suggesting to maintain bullish view on Nifty with the target of 6950. On the downside, Nifty has the short term support at the level 6430.
Intraday Levels for Nifty
Support Level 1: 6729Support Level 2 : 6706
Resistance Level 1: 6769
Resistance Level 2 : 6786
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