Nifty Chart
Nifty Trade Support 5900-5896 Resistance 5949-5954
Nifty Trend Support 5895-5888 Resistance 5977-5990
Technical Details : 38.2% of the swing 5477-6229 @ 5942, Exactly stopped
yesterday with the high of 5948. Nifty sustain above this level then 78.6% of
the same swing @ 6050. Wait and watch to short around here.
Market Move on news : Infosys result around 10.AM IST, will issue
the swing today. Profit booking in longs and fresh short will be possible today.
Money Flow is good , MACD is +ve and RSI is above 50. so possible to retest
the 23.6% [6050+]
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