Positional Suggestions:
Nifty has given around 300 points to our sell call and all our target achieved. Now Nifty trading in tight range between 5980 to 6080. We can expect it trade in the same range for another two three trading sessions. It has to break and close above 6140 for any further high. Other wise we can expect it godown to 5825 levels. Positional traders can sell near 6080 and with closing sl at 6140 for the target of 5920 and 5830.
Intraday Suggestions:
Sell below 6048 Target 6025,6000,5980 SL 6060
Buy above 6060 Target 6080,6100, 6120 SL 6040
Note: Please be strict on SL.
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