As predicted in our post for last session, the Nifty did indeed spike up before tiring out.
The tipping point for the day is at 6063 with 6078 as the immediate resistance. n the flip side the immediate support is at 6031 which if breached may see Nifty go down to 6002.
Our outlook for the day is that there may be all out weakness with consolidation at lower levels as the market seems to have tired out.
The tipping point for the day is at 6063 with 6078 as the immediate resistance. n the flip side the immediate support is at 6031 which if breached may see Nifty go down to 6002.
Our outlook for the day is that there may be all out weakness with consolidation at lower levels as the market seems to have tired out.
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