Nifty closed on a bull note at 6091 level.So today on upside first resistance is at 6123-28.Next resistance are at 6148-52,6170-75,6210-15,6246-50,6278-83,6311-16,6356-61,6406-11,6437-42,6477-82 on downside first support is at 6060-55 level.Next support are at 6035-30,6013-08,5980-75,5940-35,5908-03,5880-75,5845-41,5826-21,5793-88 level. So today above 6125 the bull move may become stronger and on downside if below 6055 be alert and below 6030 bears have the edge .As far as fundametal is considered we wont think all stocks are overvalued so make the correction an opportunity to shift portfolios and buy company with good fundamental.
Positional Support for NIFTY 6077 6075 6051 5942 5875 5854 and positional Resistance for NIFTY is 6116 6155 .Intraday Resistance of NIFTY are 6122.5 : 6148 : 6209.5 : 6225.9
Intraday Support of NIFTY are 6061.2 : 6035.7 : 5975.3 : 5959.3
Positional Support for NIFTY 6077 6075 6051 5942 5875 5854 and positional Resistance for NIFTY is 6116 6155 .Intraday Resistance of NIFTY are 6122.5 : 6148 : 6209.5 : 6225.9
Intraday Support of NIFTY are 6061.2 : 6035.7 : 5975.3 : 5959.3
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