Markets showed range bound movement for the entire session; however managed to lead higher mainly due to rise in Banking stocks and finally indices settled on a flat to positive note. Nifty future had taken strong support of 21 day EMA of 6270 since last few sessions and heading towards the trend line on daily charts facing strict resistance of 6350. Strength will continue till it maintains above 6300 on losing basis. Support range is seen around 6270-6240.
TREND: SIDEWAYS :
SUPPORT : 6290 & 6260
RESISTANCE : 6350 & 6380
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