Nifty to trade with a resistance of 5650 - Kotak

Nifty opened on a flat note but continued to gain in the second half to close comfortably above 5550.

Nifty added 46 points to close at 5565.

OI concentration is seen at 5400 PE and 6000 CE.

Addition witnessed in 5700CE and Reduction in 5400PE

PCR OI stands at 0.93 compared to 0.95 in the previous trading session.

Nifty to trade with a resistance of 5650.

Source : Equity Bulls

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