Nifty Hovering around yesterday last 45 minutes range(6005-6018) since opening today and sustaining beyond mentioned range will give following conclusions:-
1- Sustaining above 6015 will mean crossing strong resistance range and testing possibility of next resistance range(6080-6120) and 61.8% retracement level(6091)
2- Moving below 6005 will give first down move indication and sustaing below 5980 will give confirmation to temination of that pull back rally which started last Friday.
Intraday charts are not showing strength today.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
