Nifty closed above 6300, once again giving hope to reach
the high of 6350 along with positive advance-decline
ratio. The trends of all periodicity are favorable for further
upsurge. Meanwhile, for Banking sector to show more
strength, Bankex has to cross 13300 levels. The support
for the day is seen at 20800/6260 while the resistance for
the day is seen at 21100/6350 levels. Rotational
movement among stocks is likely to continue with few
Midcap stocks likely to add flavor to the market.
