Markets witnessed a range bound session and ended on a flat note sustaining near to their resistance marks since last two sessions indicating strength. Nifty future took support of 21 day EMA of 6160 since last two consecutive sessions and if rupee appreciation continues then index will lead towards the resistance of 6270-6300. Support is seen near 6160; holding below which selling pressure may be seen. Overall, markets are likely to move in consolidated phase.
SUPPORT : 6190 & 6150
RESISTANCE: 6270 & 6310
Source : Trifid Research Pvt Ltd.