Markets Intraday Outlook For Monday (27-Dec)

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As F&O derivative expiry would take place in the coming week, therefore it is likely expected that market may witness volatile sessions.

For intraday trading on Monday, Nifty is expected to breach the resistance level of 6,025 to may test 6,050-6080. Further, 6,150 is another strong resistance in Nifty. On the downside 5,950-5920 may act as a strong support level for Nifty. Traders are suggested to buy on dips as long as nifty trades above 5,975 level.

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