Yesterday was an almost neutral day, but throughout the day bulls were able to make higher highs and higher lows though the magnitude is very less. Nifty also closed above the 20 DMA at 5944 levels.
Options saw mostly intraday action and at end of day there is mild increase in OI in near strike puts as well as in 6000 and 6100 calls. 5900 calls saw unwinding. PCR is neutral at 1.07
Overall it looks like bulls might be able to take markets to test 5985 and even 6030 levels in the short term.
Resistance levels : 5947, 5985, 6030
Support levels : 5927, 5885, 5857
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