Nifty: Resistance 6060/6086/6117/6161/6198
Support 6036-6030/6000/5991/5950-45
Nifty witnessed selling pressure for the third consecutive day lead by banks, auto & reality. Nifty price and OI data indicate short positions build up. Immediate resistance @ 6060-6086 range, if this level is crossed, nifty may see some upside towards 6117. If this level is sustained too, then Nifty may target further towards 6161 & higher. On lower side, Immediate strong support @ 6030-6000, expect this level to hold for this immediate fall & some bounce back may come.
Risky traders may buy 6100 Ce arnd 6000-6030 range Sl 5950
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