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(Updated on 08-02-2013 at 08.20 AM)
We were shouting that Nifty has
great Resistance in moving upward at 6075-6090 levels
When It was trading at 6060-6075 levels
Now for today…
Intraday support @ 5940-5948.
If breaks 5928 and trades for 20 minutes
then See panic up to 5902.
If not breaking yesterday’s low at 5940 and
trades above 5967-5973 zone then may go up to 5993.
Strong hurdle at 5989-6000 zone.
Lower levels we have been had writing here have been
achieved for Nifty spot and futures.
Three consecutive closes below 5914 may drag
Nifty fut up to 5831-5818.