Nifty Tips
Nifty future opened with a gap up near 6340-6350 levels but could not sustain at higher levels and has closed near 6300. Now on the upside 6340-6350 will act as a major hurdle and support at 6265 and 6225 levels. For the next trading session we recommend selling on higher levels with strict stop loss of 6355 levels.
RESISTANCE: IT HAS FIRST RESISTANCE CLOSE TO THE LEVEL OF 6350 & AFTER IT MAY FACE THE NEXT RESISTANCE CLOSE TO THE LEVEL OF 6400
SUPPORT: IT HAS FIRST SUPPORT CLOSE TO THE LEVEL OF 6265 & AFTER IT MAY GET THE NEXT SUPPORT CLOSE TO THE LEVEL OF 6225.
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