It is just a pullback and the rally is likely to further fall since the FIi's are not on the long side. A strong close above the 6129 – 6143 range as a confirmation of a real uptrend even if for the short term. Any stay below 6030-level would prompt the Nifty to retest 6000 – 5975 or even lower levels again.
- Most critical levels for the day: 6030 – 6045
- Strong resistance: 6063 – 6091
- Major resistance: 6129 – 6143
- Strong support: 6000 – 5975
- Major support: 5943 – 5890