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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