Nifty continued its upward momentum and closed in green above 6,000 levels with higher volumes. However, trading has been volatile throughout the day, which shows plenty of sellers are trying to enter from higher levels. Profit booking may be seen any time from higher levels 6,000-6,050. However, Nifty's short term trend along with intraday trend is up. It is not advisable to make fresh long delivery positions from current levels. For daily purpose, trend deciding level is 6,000. If Nifty shows strength above 6,000 levels, then rally to 6,035/6,050/6,080 levels may be seen. If Nifty does not show strength above 6,000 levels then selling pressure till 5,940/5,900/5,850 levels may also be seen.
Ref : Nifty Daily Reports
Is your tips for BSE or NE?.Please tell me