Nifty closed on a strong note above the key resistance level of 6150 levels yesterday.
Pattern-wise it has made a strong bullish pattern and now it is likely for markets to test 6244 levels before any next move.
Options data saw an increase of 11 lakh contracts in 6200 puts and unwinding in 6100 calls indicating an up move. The PCR is back to 1.03.
Resistance levels : 6176, 6208, 6244
Support levels : 6151, 6133, 6106
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