The tipping point for the day is at 6049 with 6071 as the immediate resistance. On the flip side the immediate support is at 6038 and 6002.
As predicted in our last post, the Nifty did show all out weakness before bouncing back in the last hour. Our outlook is further consolidation and a bit of continued weakness with increasing volatility. Traders are advised to trade with extreme caution.
As predicted in our last post, the Nifty did show all out weakness before bouncing back in the last hour. Our outlook is further consolidation and a bit of continued weakness with increasing volatility. Traders are advised to trade with extreme caution.
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