Nifty closed on a bear note at 6160 level.So today on upside first resistance is at 6193-98.Next resistance are at 6218-23,6237-41,6275-80,6315-20,6333-37,6355-60,6372-76,6406-11,6437-42,6477-82 on downside first support is at 6128-23 level.Next support are at 6103-98,6084-80,6046-41,6010-05,5980-75,5940-35,5908-03,5880-75,5845-41,5826-21,5793-88 level.The trend is with bulls and Nifty still in bull trend So today if below 6100 be alert and stay away from long side and on upside above 6225 trend is good for bulls .As far as fundametal is considered we wont think all stocks are overvalued so make the correction an opportunity to shift portfolios and buy company with good fundamental.
Today NIFTY open at 6,254.90 with the gain of +93.95 (1.52%) point.
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Benchmark indices extended gains in morning, with the Nifty reclaiming 9200 level, backed by Reliance Industries, Infosys and banks stocks.capitalstars
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