Nifty breached 6129 (as suggested yesterday) and made a low of 6085.95 and closed at 6126.25 a near "Doji" at a crucial support. The Short Term Trend is down but the Index has a Fibonacci support @ 6110, then the 6060 - 6050 band.
Any relief rally above 6150 will face strong resistance around 6200 and 6220.
Disclaimer: Views expressed though Technical in nature are bound to change dynamically during market hours on dominant crowd behaviour. Loss of Capital is substantial in Derivatives / Indextrading.
Any relief rally above 6150 will face strong resistance around 6200 and 6220.
Disclaimer: Views expressed though Technical in nature are bound to change dynamically during market hours on dominant crowd behaviour. Loss of Capital is substantial in Derivatives / Indextrading.
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