Markets had undergone correction for the second consecutive session due to profit booking on higher levels and rupee depreciation and finally settled on support side. Nifty future opened with negative bias and continued it till the end of the session. Now, according to daily charts lower band of channel pattern will act as major support i.e. around 6220. While on higher side 6300 is seen as immediate resistance sustaining above which bulls may again become active.
TREND: SIDEWAYS
SUPPORT : 6230 & 6190
RESISTANCE: 6300 & 6340
For More Details : http://trifidresearch.com/blog/today-stock...rt-07-november/