Market Outlook For Tomorrow(02-Nov)

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Nifty was positive the whole day and closed for the day above 6,100. In the next  trading session Nifty is expected to trade in the range 6,095-6,151. Breaching of levels either side may decide the trend. Traders are suggested to take long position if Nifty sustains above 6,151, keeping in view 6,222 is a resistance. Banking stocks along with pharma and auto may trade positive while IT and oil-gas may again face selling pressure.

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