Nifty market opened on a positive note and jumped above 6900 mark, thereafter it started making higher tops and higher bottoms on the intraday chart. In the last hour of trade, it tested 7000 mark also and made a high of 7020. Finally nifty ended at 7014 with a gain of 2.27%. The Advance Decline ratio was almost flat.
Nifty continued its up move and tested 7000 mark, we feel this rally will continue thus we maintain our short term target of 7100. However, on the downside, 6850 and below that 6650 will play as important supports for short term.
Support 2: 6808
Resistance 1: 7068
Resistance 2: 7122
Get more intraday nifty view on your mobile.
Nifty continued its up move and tested 7000 mark, we feel this rally will continue thus we maintain our short term target of 7100. However, on the downside, 6850 and below that 6650 will play as important supports for short term.
INTRADAY NIFTY LEVELS
Support 1: 6911Support 2: 6808
Resistance 1: 7068
Resistance 2: 7122
Get more intraday nifty view on your mobile.
.jpg)