Nifty Intraday Levels for 07-Dec

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Today Nifty showed some strength, but failed to sustain at higher levels. Nifty has been consolidating in 100 points range and bulls and bears have been indecisive. Directional strength may be seen either above 6,070 levels or below 5,960 level.

For intraday tomorrow, the trend deciding level is at 6,000. If Nifty shows strength above 6,000 levels, then rally to 6,040/6,070/6,140 levels may be seen. If Nifty fails to show strength above 6,000 levels then selling pressure till 5,960/5,900/5,850 levels may also be seen.

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