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Monday, November 18, 2013

Nifty...S..6028/6000..R...6093/6130/6158


Nifty bounced as expected.Now today must trade above 6065 to continue the rally.Today's close is important. If close above 6066 then there will be strength. Close above 6123 will turn it positive in short term.If TP 6137 hits then it will become strong. Lets see what happens around 6130 level. 6158 and 6202 are 50 and 61.8 % levels of the downmove from 6343 to 5701.

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