Flat range bound trade today between 5550-5596 levels on spot prices with negative bias to close at 5567. VWAP @ close is 5583.
1) Levels to watch tomorrow is 5600 and above for target of 5620-5665.
2) Below 5555, Nifty will be bearish for target of 5490-5450.
3) It has been three sessions since Nifty is trading in this same range and the concern for traders is with the volumes being low, direction of market looks unclear as the closing is at neutral levels. Happy trading!
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