Nifty: Resistance 6167/6186/6205/6222/6242
Support 6117/6105/6082/6060/6036
Welcome to the first trading session of 2011.
Nifty had a quiet +ve session on last day of 2010. To begin the year's first session, we may open +ve in line with Asian market. Nifty has resistance @ 6186... crossover/sustaining may take Nifty to 6222+ zone. Strong intra support pegged @ 6117.
2011 View: Nifty has now base support @ 5350. So till its held, we have higher highs possible this year. Possible expected range for the year 5350-7000. Keep visiting for more timely updates.
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