Tuesday, January 7, 2014

Update

Weakness will remain till Nifty Spot keeps trading below 6171. Even if price recovers above 6171 there is a possibility for Nifty to attempt break and close below 6171 by EOD today. 

Oscillators are oversold so some bounce is not ruled out. 

6218 is the resistance for the day for Nifty Future.

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