Market Extremely Overbought & hence tried for time correction. Will there be another Gap Up tomorrow ? Let us see.
If any immediate correction it may start after making a high above 6142 in 1 or 2 days.
Initial Targets for
Nifty Spot
6227 / 6253 / 6277
Nifty Future
6257 / 6279 / 6302
Sensex
21026 / 21100 / 21190
Market will try to give some correction after reaching these levels first or middle points or maximum after reaching the high point
Nifty Likely to reach around 6600-6700-6800 by Jan, 2014 and may see major correction from there.
