Nifty: Resistance 6187/6212/6227/6246/6286
Support 6166-6154/6117/6085/6060/6036
A fiery Friday trading day was seen for bulls all over, with Nifty moving 100+ points. Nifty may open gap up with 20-30 pts, in line with extremely bullish Asian market. Immediate resistance @ 6187, crossing / sustaining which may lead to 6212-6227+ zone. Strong intraday support visible @ 6166-6154, if breaks & sustains below this zone, Nifty may even try to touch 6117 zone.
Options Analysis: Huge OI build up is visible in 6300 strike price call option which is likely to act as an intermediate resistance . On the other hand significant build up is visible in 6100 and 6000 strike price put option which suggests strong support in that zone.
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