Sentiment turned depressed today after all the Global markets trading in Red and Dow's Futures 74 points down as well therefore whole day down moves. Long Term Trend decider 200-Day EMA(today at 6003) will decide next trend and sustaining beyond it should be watched in the coming sessions for its confirmations. As multiple supports below it therefore Nifty will not sustain below it easily and following line should be kept in mind which was told in all 3 previous Outlooks:-
now Nifty will remain sideways between 5934-6106 and prepare for next trend,valid break out of this range will be next trend confirmation.