NIFTY OVERVIEW
Nifty opened on a positive note but entire day it was trading in a narrow range of 6830 to 6810 and finally ended at 6815 with a marginal loss of 0.03%. The Advance Decline ratio was almost flat.Nifty was moving sideways yesterday but we feel that the market undertone is bullish and any correction is a good buying opportunity. We maintain bullish view on Nifty with our short term target of 6950. On the downside, 6650 remains an important support for short term.
NIFTY LEVELS TO FOLLOW
Support 1: 6801Support 2: 6788
Resistance 1: 6833
Resistance 2: 6851
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