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Monday, November 25, 2013

Nifty ..S..5972/5946.....R...6006/6035


Nifty closed below 6000 level didn't break 5972.If that is protected then correction seems over in price point of view, but it will take time to initiate rally. So side ways movement for some days expected. If 5972 breaks then 5946 is major point to be considered.I f that too breaks then Nifty heading towards 5862/5828 or even lower.Today if close is above 6000 then there will be at least pause for downtrend

1 comment:

athshree said...

Opened above R1...long taken @ NF 6065....R2 is booking area if any weakness seen.. 6100 CE writers reaction will decide next journey..