Support level at 6177 ,below that 6155 is next support level.
Up side 6226 is final resistance above that long position will have upper hand till 6244 level.
Trade with caution now. but think positive. In such market bulls and bears both will have chance to win.
Its win win market
Do not follow US or Europe market, Indian market has its own rules and we are showing real strength now. Remember our final positional resistance at 6300 level.
For nifty 6300 level is very important psychologically. Keep eye on it.
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Stock to watch :
NMDC above 290.2 it will face no hurdle and can go to 300 level within sometime. It has support at 284 level.
SunTV is looking a bit bearish if it is breaking 516 level it can go to 503 level within sometime. it has resistance at 530 level.
Reliance Ind is looking good above 1050 level . It has support at 1025 level and it can blast to 1077 -1080 resistance level. When Reliance goes up market i not fire line. So above 1050 be cautious with your short position in any nifty stock.
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Wish you very happy investment. !!
As Expected NMDC is blasting above 290. It is now at 299. :) cheers ! Give your feedback .
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