Since past one week,
we are hovering around the level of 6240. Nifty closed at 6292.35. One day,
down and one day up kind of things are happening without any clear cut
trend. But weekly close is not
suggesting weakness at least. So again, the bias will be positive and buying
can be initiated in Nifty with utmost
caution and a strict Stop Loss of 6240 on
closing basis. Fair chances are there to see the level of 6330 first & then
6380, if sustains the level of 6330 consistently. Other levels are not relevant
at this point in time.
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