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(Previous close:6083)
[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″]Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down. [/sws_blockquote_endquote]
Yesterday we told youNifty will face minor hurdles at 6040, 6100. If it sustain above 6100 with volume, then short covering is expected in the bear hammered stocks.
What For Today…?
Today Nifty will Open positive and it will become Volatile and face Resistance at 6112-6134 and support 6029-6055
suppose Nifty cross 6100 level with Volume then Target 6130-6164
Suppose do to not cross high of yesterday then trade below 6089 support 6029-6055
Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.
