Market Technical Views For Tomorrow 04-Jan

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It was a good start for Indian Stock Market in the beginning of new year trading session. Today markets opened with a positive note and traded in a narrow range throughout the trading session.

For intraday tomorrow it is expected that indices may trade in a narrow range of 20650-20490 / 6185-6130 levels. In coming trading session if indices trade convincingly above 20650 / 6,185 level then next resistance level is at 20720 / 7005. On the downside, if indices trade below 20490 / 6130 level then they are likely to test 20,420/ 6,105 level.

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