December 06, 2010

Intraday View For 06-12-12

Nifty: Resistance 6036/6060/6086/6105
Support 6006/5991/5963/5945/5905


Nifty witnessed a consolidation phase in a narrow range session of 5980-6020. For intraday, keep eyes on 6060 on upside as critical resistance , if sustained Nifty will face further resistance @ 6086 range. On lower side, strong support seen at 5991. Till it is held [closing basis] , Nifty seems to keep up side momentum ticking for Bulls. Below 5945, further profit booking may set in in coming days. Over all Nifty still seems to be weak.


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