NIFTY OUTLOOK FOR MONDAY

Nifty witnessed a range bound session today. It made a high of 6266 and a low of 6237 in intraday trade. Nifty did not get past the 6300-mark reached right after the market opening after remaining range bound for some time, it came down slowly to finally settle down near the day’s low....

 Now we expect a good volatile trading Monday .Nifty may face a gap up opening above 6300,if nifty continue  to stay above 6320 we would see nifty crossing 6350 . Next hurdle for nifty will be 6370-6390.

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RESISTANCE:6300, 6350,6380

SUPPORT:     6280, 6250,6200