Nifty Chart

Nifty Trade Support 6310-6306 Resistance 6332-6339
Nifty Trend Support 6288-6281 Resistance 6355-6361

1. 3/11/2013 high 6342                        
2. 5/11/2010 high 6338
3. 2/01/2014 high 6358                      
4. EW Tgt line at 6355
5. 161.8% of 5972-6212 @ 6360

Each time high was not sustained, & free fall from high in short term.
Resistance range from 6342-6360.  Negative divergence in hourly
chart with Stoch-RSI, William's R average and indicator at OBZ.
So, wait and watch for suitable time to enter short position.
Once sustained above that on closing basis, then target 6436.

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