Supports @ 6040-5970-5865
Resistances @ 6189-6278-6401
Trend Decider @ 5970/6137
Strong/Weak Above/Below 6102.
This week Nifty bounced from Crucial Support @ 5970. Now it will act as important support for short term. 6100-6140 was important resistance above which next big resistance is @ 6357 which is All time high which is also important psychological barrier. Its time to to Hold All Short term Longs with SL 5945 Spot Closing and let your profit run. Most of the Indian Stock market participants are still not bullish and Cautious @ Higher level which indicates A Big Correction tough task in near term. Earning Session will start soon which will make road map of Medium term.
" Trade with Levels not with Hope "
Regards,
www.equityahead.com
www.equityahead.net
