Nifty market opened on a positive note with making a high of 7353, but unable to sustained on higher levels and entire day it was trading in a narrow range between 7300 to 7260, finally ended at the level 7275 with a gain of 0.16%. The Advance Decline ratio for nifty was almost 7:2.
Nifty witnessed some buying interest at lower levels, we may witness further upmove in the days to come. We maintain bullish view for nifty market with our short term target of 7563 and find that any correction is a good buying opportunity for nifty. On the downside level 7000 to 7100 will play as a strong support for short term.
Nifty witnessed some buying interest at lower levels, we may witness further upmove in the days to come. We maintain bullish view for nifty market with our short term target of 7563 and find that any correction is a good buying opportunity for nifty. On the downside level 7000 to 7100 will play as a strong support for short term.
NIFTY LEVELS TODAY
Support 1: 7230Support 2: 7186
Resistance 1: 7336
Resistance 2: 7398
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