Volatile Session Likely. Nifty has come to a meaningful support zone and is Oversold. Trend reversal in 1-2 days. If Nifty Spot closes below 6040 by Eod, it will confirm some more weakness. Watch out for support near 20250-20350 for Sensex (Buy Zone)
6016 (Sustaining Below) is Week's Stop Loss for bulls / 6064 Spot will be strong support / Resistance.
Nifty Future Near Month
6202-6209 Short Stop Loss Gone Sustaining above
6187-6196 Resistance
6160-6174 Sell Zone
6142-6147 Consolidation / Sell Zone
6112-6123 Consolidation / Weakness below / Key Zone
6088-6092 Support / Sell Below
6066-6077 Support
6040-6050 Big Support / Buy Zone
6007-6021 Strong Support
Bank Nifty Future Near Month
10970-11000 Sell Zone / Buy Above
10890 Sell More Below
10776-10822 Good Support / Sell below
10620-10720 Reasonable Support
10415-10470 Strong Support
10337-10356 Stronger Support
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