The market certainly seems to have taken a breather as we had indicated in our Friday's post. The technical indicators are indicating a short term down trend if Nifty slips below 5896 on closing basis. In that case market will enter into a weak phase with 5827 and 5763 as supports.
The tipping point for the day is at 5920 with immediate resistances at 5938, 5971 and 6025.
The tipping point for the day is at 5920 with immediate resistances at 5938, 5971 and 6025.
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