stock-photo-display-of-stock-market-quotes-68191825Markets continued the bull rally last day of F&O Expiry and ended the session with satisfactory gains as well as the Feb series on positive note. Nifty future is now hovering around its strict resistance zone and consecutive higher highs and higher lows on daily charts. If it sustains above 6300 then it may lead towards next resistance of 6340 while any fall below the immediate support of 6240 may drag it towards next important support of 6200.
TREND: SIDEWAYS
SUPPORT:6240 & 6200
RESISTANCE:6300 & 6340
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Source : Trifid Research