Good Morning !! NIFTY may open flat to negative. Yesterday daily candle stick pattern looks like Hanging Man and today's price action may confirm whether there is any short term correction due or not. A solid candle (closing price below opening price) will confirm the pattern.
Trading below 5995 may favour the bears for intraday. It may take support around 5970 if comes down. 6030/6045 are resistances for the day.
Trading below 5995 may favour the bears for intraday. It may take support around 5970 if comes down. 6030/6045 are resistances for the day.
NP-SAR OF 04/01/2013: 5951
Wish you happy trading !!
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