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Daily Technical View on Nifty

* Indian markets could open higher, aided by the overall rise in the other markets over the past two sessions.

* Nifty advanced for the second consecutive day to scale fresh life highs on June 28.

* At close, Nifty was up 0.82% or 154.7 points at 18972.1.

* Nifty made a new life time high on June 28. The current upward momentum could continue and 19000-19200 band could be the next resistance for Nifty in the near term.

* 18646 could be the support on corrections.

* Largecap stocks likely to outperform the smallcap stocks

* Nifty has seen long up build up in Last session, which augers well

* Pharma, Banking and NBFC could outperform in today’s session

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