Nifty has been trading in strong uptrend since 5066 levels when call was given for upswing breakout and still the swing remains up with closing stoploss 5930 levels. A close below 5930 can reverse the swing to down so till nifty trades above 5930 longs should be hold with tight stoploss and the three days swing stoploss is 5950 levels
Now nifty shall be week below 6060 levels and can target 5975 levels from where buying is advise with stoploss of 5930 levels for target of 6060 - 6100 levels and above 6100 is breakout level if closed above it on weekly basis
LEVELS FOR THIS WEEK
5930 - 6100
short below 6060 sl 6100
long 5975 sl 5930
also as this is expiry week nifty shall remain volatile pls trade with tight stoploss
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