Nifty: Resistance 6197/6212/6222/6247/6289
Support 6167-6176/6116/6094/6060
Nifty after having a good gap up, Nifty remained rangebound in just 15-20 pts for rest of the day. For today, expect gap up opening with 20-30 Pts in line with Asian Market.Though Nifty gave a breakout on closing basis, resistance now pegged @ 6247 & 6289. Nifty may face minor selling at these resistance zone. Good Support now seen @6176-6167.
Huge OI built up seen at 6100 Pe , which can act as good support.
Coal India makes its debut today. [BSE Code : 533278 , NSE Code : Coalindia]
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November 04, 2010
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