Generally Mutual Funds attempt to close the Index Higher by the Month end for their NAV management. Today EOD or tomorrow the upmove may be seen. Today is an NR4 (Narrow Range 4) day and it has the following implications :
Nifty Spot
Buy Above 6320 for 6397
or
Sell Below 6265 for 6188
but an NR4 day may be followed by another NR4 day, which may be today and the final move may come tomorrow as well.
Anyway today towards the EOD or tomorrow we have to be watchful for such a move that is expected.
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