NIFTY UPDATES
Nifty opened positive note but after making a high of 6813, it fell sharply and made a low of 6711, thereafter entire day it was trading in a narrow range of 6710 to 6750 and finally ended at 6733 with a loss of 0.64%. The Advance Decline ratio was 2:3. Nifty is facing some resistance near to 6800, but we feel that the undertone is bullish thus any correction is a good buying opportunity. For immediate term it has support at 6700, we maintain our short term target of 6950. On the downside, Now Nifty has the short term support at 6600.INTRADAY NIFTY TIPS
Support 1 6692Support 2 6651
Resistance 1 6793
Resistance 2 6854
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