Stock Market Outlook For Tomorrow 23-Dec

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Today Indian Stock Markets opened marginally higher and traded in a narrow range throughout the first half of the session. But in the second half, indices gave up some of their recent gains to close in the red. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow.

In next trading session it is expected that indices may trade in a range of 20150-19910 / 6,050-5,940 levels. For intraday outlook, the trend deciding level is at 6,000. If Nifty shows strength tom trade above 6,000 levels, then rally to 6,050-6,070-6,100 levels may be seen. On the downside if Nifty fails to trade above above 6,000 levels then selling pressure till 5,950-5,900 levels may also be seen.

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