Nifty likely to face stiff resistance between 5950-6030 band - Microsec

Last week Nifty started to trade with a flat session. There after it continuously rose to make a weekly high of 5949.85 on Friday. At last Nifty ended the week with a net gain of 0.47%.

On the sectoral front, the buying interest was witnessed in Consumer durable, Realty, Metal, Power and Oil & gas stocks. However, Information technology stocks traded lower.

Now Nifty is expected to face a stiff resistance in the band of 5950 and 6030.

Source : Equity Bulls

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