Nifty Chart

Nifty Trade Support 6243-6240 Resistance 6288-6295
Nifty Trend Support 6225-6219 Resistance 6301-6307

Yesterday  PREDICTION :

TRADE RESISTANCE : 6301-6307 -
EXACT ACTUAL HIGH 6302.75

TRADE SUPPORT 6260-6255 -
EXACT ACTUAL LOW 6259.45

TREND STILL +ve / Momentum negative, Short covering only above 6325
Buying will come around TREND support.

Nifty Chart

Nifty Trade Support 6260-6255 Resistance 6301-6307
Nifty Trend Support 6228-6219 Resistance 6349-6355

Negative Momentum with buy on Trend support is the strategy today
with stop loss of 6200(C).

Second half on Expiry Day will be +ve.

Nifty Analysis

Nifty Trade Support 6251-6247 Resistance 6304-6310
Nifty Trend Support 6225-6219 Resistance 6349-6355

Breakout buy above 6310+, support buy around 6220+

Oscillators at OBZ in hourly, and BUY mode in daily.
23.6% of 5972-6415 at 6310, so intra-day range may
be around 6270-6310.  Nifty failed to hold above 6310
consecutively 3 days from new high, and failed to hold
above 3 times.

 19th analysis : "This bounce will sustain only above 6325.  So profit booking
around 23.6% [6310]is a cautious action."
EXACTLY reversed from 6317.