Markets fell sharply lower mainly led by IT & Banks and remained on lower levels for the entire session and finally closed in red territory with approx 1% loss. Nifty future found strict resistance near 6340 and consistently dragged towards the key support of 6250. On daily charts, closing around 21 day EMA is again indicating selling pressure below the immediate support of 6240. On higher side, resistance is seen near the level of 6310.
TREND: SIDEWAYS
SUPPORT : 6230 & 6190
RESISTANCE : 6310 & 6350
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