Nifty crossed Friday resistance but could not crossed complete resistance range(6110-6145) after profit booking within 6125-6145 yesterday. Genuine selling was seen yesterday within 6110-6145. This range was already previous resistance range and genuine selling was seen exactly within this range yesterday therefore this range and this resistance has become become stronger.
Dow is trading more than 100 points up at this moment and Opening may be positive but Nifty will not sustain above 6145 and finally dip below 6100 in the coming couple of sessions.
Whatsoever may be global cues Tuesday morning but Nifty will not be able to cross Monday range and will slip below 6100 and will first test levels near 6060 in the coming sessions.
