It was another good day for Indian Stock Market. Nifty showed strength for third consecutive day and closed in green. Today market gained moderate growth and almost all sectors were traded positive. Today Nifty has moved above the 5,930 mark and closed above it and it is expected to move towards 6,000 and 6,050 which may be next resistance levels, while the support is at 5,902 levels.
For intraday tomorrow, the trend deciding level is at 5,950. If Nifty shows strength above 5,950 levels, then rally to 6,000/6,030/6,065 levels may be seen. On the other hand if Nifty fails to show strength above this levels then selling pressure till 5,910/5,880/5,840 levels may also be seen.