Nifty trades range bound with negative bias in continuation to the negative sentiments to close at 5547. VWAP at close is 5549.
1) Reversal will be above 5585 only.
2) Below 5555, the important support levels are 5480-5400.
3) The level of 5555 could be strongly defended by market makers tomorrow on July series expiry. Bias is flat/range bound between 5555-5620 for tomorrow. Happy trading!
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