The tipping point for today is at 5912 and if the benchmark stays above this point then the immediate resistance is at 5934 and 5968.
On the flip side the support is at 5917, 5911 and 5902. Below 5902, the Nifty will turn weak and may slide further to 5895 and 5830.
Our outlook for the day is that the Nifty may go up a little north but the supply pressure is not over as yet and it has yet to consolidate before making a confirmed up move.
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On the flip side the support is at 5917, 5911 and 5902. Below 5902, the Nifty will turn weak and may slide further to 5895 and 5830.
Our outlook for the day is that the Nifty may go up a little north but the supply pressure is not over as yet and it has yet to consolidate before making a confirmed up move.
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