Nifty Chart

Position : Nil

Nifty Trade Support 5982-5971 Resistance 6039-6052
Nifty Trend Support 5946-5940 Resistance 6086-60
38.2% of the swing.

Next resistance at 5950 [23.6% of the swing]. Nifty
Bounced from 78.6% and crossed 38.2%, so minimum target 23.6%
Wait for the opportunity to short. Monthly Fibonacci resistance around
5942, swing;s 23.6% around 5950.

Trend , profit booking with sideways.

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