Nifty Chart

Position : Long 25% only [sl 6090]

Nifty Trade Support 6129-6118 Resistance 6174-6183
Nifty Trend Support 6090-6081 Resistance 6210-6228

Closing basis Support 6050
Closing basis Resistance 6228

Yesterdays levels : 1. EXACT Top -6174, 6174 Predicted Trade resistance.
                             2. Days Low 6125, Predicted Trend Support 6119.  
                             3. High Volatile day ahead - First 4 hours down, then positive
                                 market then again negative market.

Cluster of resistance 6170-6190-6210-6228, Negative divergence in daily chart.  So
every rise is for profit booking.  Closing above 6228 is the scenario for one more high,
that time i hope that, bears will take charge from there and bears also trying to break
the major support 6090.

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