Nifty witnessed more correction on Friday, Now it has support at 6664, which is 38.20% retracement level of recent rally from 6481 to 6776. However, the overall trend for nifty is bullish thus this correction is a good buying opportunity in today's stock market. We maintain our target of 6950 for nifty. On the downside, Nifty has the short term support at level 6430.
Support 2: 6650
Resistance 1: 6729
Resistance 2: 6763
IRB Buy at 112.45 SL: 107.90 TGT:122
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Today's Level for Nifty
Support 1: 6672Support 2: 6650
Resistance 1: 6729
Resistance 2: 6763
Intraday stock Tips
Bombay Dyeing Buy at 63.65 SL: 60.90 TGT: 68.50IRB Buy at 112.45 SL: 107.90 TGT:122
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