Nifty Chart

Position : Nil [yesterday booked profit 50% at 5930, 50% closed at 5960,
shorted both at 6030]

Nifty Trade Support 5942-5936 Resistance 5963-5976
Nifty Trend Support 5890-5881 Resistance 6013-6019

Yesterday
Nifty exactly took the support at the trend support on closing basis 5940-5936.
Nifty exactly down from the trade resistance 6042-6050
Nifty exactly down from the swings's 23.6% of 5477-5629 as per STBT.
Expected down up to 5890, actual low 5910.

Technical details : EMA-50 at 5865, EMA-200 at 5775, expected Sideways
positive breakout support at 5880, so EMA-50 to this support will be the range
for trend change.

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