Nifty Tips
Nifty future saw healthy recovery after a long consolidation phase and closed near to its major resistance level, but still moving under 10 days and 50 days moving average. If Nifty future manages to sustain above 6050 levels, It may take more up move from there till 6100-6150. One should take long position in it after proper break out.
RESISTANCE: It has first resistance close to the level of 6094 & above this level the next resistance is seen near the 6135 mark.
SUPPORT: It has first support close to the level of 5977 & below this level the next support is seen near 5900 mark.
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