Nifty edged higher on first trading day of the week yesterday and closed just above Friday's close. FII Bought INR 279.86 crs and DII Sold INR 224.52 .
Shorterm Term
Nifty has closed positive for the first time after 5 consecutive days, but the key levels to be watched is 6650 at lower side, it should stand strong till some times and would be a buyer at these level if it was able to support at these levels or would sell if Nifty breaks this level with volumes and stays below this level for more than a day. I would also would like to sell near 6750 - 6770 levels because earlier support is now a major resistance.
Intraday Levels
We are going to see positive opening of 25 pointup, but not sure we can go long in this market blidly as we are seeing a constant resistance at higher levels. I would like to sell at 6740 for 6725 and 6710 and would buy at 6680 for 6695, 6710.
Top pics for the day are CentText,CanBk,BOI,Hindalco,M&M,Srtransfin,Relcap,Cipla and HCLTech for Buy/Sell and correct levels contact vijaykumarrao.invest@gmail.com.
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