Nity Chart
Nifty Trend Support 6003-5999 Resistance 6124-6129
200EMA at 6003,strong support on closing basis for negative side.
50% of 5933-6415 @ 6174, So, 6180 act as a on closing basis
strong resistance for bulls.
50EMA at 6143, Negative Breakout trend line at 6160, So
Small hurdles for bulls here to reach another upside of +20 to 30
points.
Once nifty fails to close above negative breakout trend line
and that is the confirmation for down side again.
Trend -ve / Momentum+ve
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