AS SAID IN LAST WEEK NIFTY SHALL TRADE IN THE RANGE OF 5740-6000 AND NIFTY NOT ABLE TO GIVE CLOSE ON BOTH THE LEVELS THIS MEANS THAT THIS WEEK SHALL BE RANGE BOUND BETWEEN THIS RANGE AND AS DAILY NIFTY IS OVER SOLD IT COULD TEST THE LEVELS OF 5950
LEVELS FOR THE WEEK ARE
5570 - 5934
LONG ABOVE 5934 WITH SL OF 5840 FOR TGT OF 6000 - 6020 - 6055
SELL BELOW 5840 WITH SL OF 5934
SWING ON DAILY IS DOWN WITH SL OF 6338
IT IS ADVISE TO SHORT ON RISE FOR TGT OF 5570
ALSO NIFTY IS AT WEEKLY SUPPORT LINE AND A BOUNCE IS EXPECTED
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