Here is expert equity call for the day on how the markets are expected to trade:
Laurence Balanco, CLSA: The Nifty managed to consolidate above our preferred downside target area around 5,500 and has managed to move back above the 50-day moving average which has capped price action since mid-November. The next event should be a test of major resistance at the 6,332 area. Support is seen around 5727 level.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
