continues to move in a narrow range of 10,700-10,800 with individual stocks getting into a corrective move. The index has been managed by RIL, HDFC twin and ICICI Bank.
OMC looks favorable subject to OPEC meeting outcome. The daily trend of Nifty
and Bank Nifty
are down and so the bias remains corrective. However, the support for the day is seen at 10,680 while the resistance would be seen at 10,800 levels.