Nifty Levels and Outlook Today

Nifty Outlook (Nifty Spot Level)

Global cues are looking weak, this could put pressure on Nifty. On downside Nifty has support at 6150, if Nifty breaks 6150 then 5950 could be next level to watch. On Upside 6230 is important resistance level to watch

Nifty Intraday Outlook (Nifty Spot Level) - Nifty could see negative opening. On an intra-day basis Nifty has a support at 6150 and is likely to face a stiff resistance near 6230. If Nifty breaks 6150, it may further go down to 6110 and then 6075

Nifty Tips (Nifty Spot Level) - Nifty Could be bought near 6160 (Nifty Spot Level) with target of 6200 - 6230 and stop loss below 6150

Nifty could be sold below 6150 (Nifty Spot Level) with target of 6110 - 5980 and stop loss of 6170.

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