Nifty: Resistance 6166/6184/6212/6222
Support 6116/6091/6050/6030/6006
Nifty witnessed some profit booking last week with a marginal correction of 0.7% on weekly basis. Nifty is expected to open marginal gap up with 15-20 pts. Nifty has strong resistance @ 6166... sustaining & crossover of which may lead to some recovery upto 6200+ zone. 6212-6222 range will again offer stiff resistance. On the downside 6000–6030 may act as an intermediate support levels where buying may emerge. Options data suggest a range bound market in 6000-6300 range.
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