Nifty (Oct.Fut.) closed at 6048.50
gaining 89 points making a high and low of 6057 and 5905 respectively making a
recovery on trade deficit narrowing news nifty if able to sustain above 6075
which seems a bit stretched next target would be 6120-6150 else it would test
5970-5930. Immediate resistance stands at 6075 and support at 5975-5930.High
Vix reading implies continuation of volatility.
Suggestion for Today:
Sell
Nifty near 6050 target 6010, 5975, 5950 sl 6075.
Else
Buy above 6075 target 6110, 6130, 6150 sl 6050.
Levels for Nifty: 6150,6130,6110,6075,6050,6010-6008,5975,5950,5930,5900.