It was consecutive third day of positive trading in Indian Stock Markets. Nifty showed good strength and managed to close above 5950 levels. Nifty Could find short term resistance at 6025-6070 and may face support levels at 5900-5864.
For Intraday concern, trend deciding level is 5940. If Nifty manages to trade above this level, then rally to 6000/6030/6,050 levels can be seen. on the other hand if Nifty fails to show strength above this levels then selling pressure till 5910/5885/5850 levels may also be seen.
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