Nifty is trading in 200 points channel (between 6850 and 6650). There are two such channels and first channel started when nifty took support at 6450 and now second channel started when nifty took support at 6650 and faced resistance near 6850 followed by correction which took nifty to 6650 yesterday and now taking support from that level. Nifty may touch the level 6850 till election results are out next week.
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