(Updated at 07.40 AM)
On Friday written that sharp retracement
not ruled out from 5930-5940 zone.
Nifty spot moved down to 5860.50 and closed at 5871.45.
Trading view for Today………
No worry for bulls above 5840 for short term trend.
Support at 5870-5877 zone.
If trades below 58770-5865 for 15 minutes
then see slide up to 5854-5844.
Crucial support at 5840 & major support @ 5800.
Above 5892 see rally up to 5900-5908.
If trades above 5908 and not breaking below 5888 then
see blast up to 5929-5941-5955.