Emkay Equity Advisory market outlook:
Market ended in green on account of positive global cues. The 5 DMA at 6030 will act as a strong support for Nifty. Resistance for Nifty is seen at 6120/6150 and a close above this level will further extend the rally up to 6200/6220 levels. First sign of weakness can be seen only if Nifty closes below 5900 until then every dip can be considered as a good buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.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!
