Nirmal Bang has come out with a pre-market research report. The research firm says, strong support for Nifty future is seen at 6,130 and resistance seen at 6,220.
The report says, "The markets opened with an upside gap but gave off from the day's high and ended with modest gains. The 5 DMA at 6,105 for Nifty fut. will act as an immediate support in the near term. Nifty rallied almost 200 points in four sessions and we might see some consolidation at this level. The mid cap and small cap index is expected to out perform and one can buy quality stocks around their support levels. Going forward itDiscover 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!
