[T.S.R:17079] Morning guide www.niftyviews.com

Morning guide www.niftyviews.com
: The markets traded in a very narrow range. The recent movement in the market has narrowed down. This is a good sign for the days to come because usually whenever such patterns are noticed the prices give a big spurt in the days to come. In such a situation it is also ideal for players to have a wait and watch approach. Means wait for the indices to decide their direction based on the breakout and then finalize a strategy. For the indices today watch resistance @ 18444 for the Sensex and 5535 for the Nifty. On the lower side supports come in @ 18263 for the Sensex and 5475 for the Nifty. Only below 5400 expect huge selling till then wait and watch. FII Sell Rs 134.52 Cr and DII Buy Rs 326.72 Cr

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