Intraday Update...2

Earlier long booked @ 6195 as it ws not sustaining above PIVOT 6179 NS.
Now again long @ 6181 NF

Intraday Update...1

Nifty as said heading towards 6142..low is 6153..S1 is 6150.
Covered short position and taken long @ 6180 NF.Now will see whether we gets ORB up (6194).SL is day low.

Nifty.....R..6179/6200/6240....S....6150/6130/6100

Nifty closed below 50 % retracement level (6194) of the rise from 5973 to 6415, now towards 6142 which is 61.8 % retracement of the same leg.It is oversold, but at the same time with WEEKLY sell on rise signal.One should manage bounce or re-enter short to get the benefit of latest signal.