The contra thinking is that the some data pertaining to the exit poll is being leaked and the market is being brought down for buying the stocks cheaply.Now is that a rumor or fact....?All it takes is a small help from the overseas chaps, who have to do is push it up a little, and the short covering will do the rest.Now what is fact or fiction we shall know very soon.
Once the rally starts the resistance and a major one would be around 6780 and once that is crossed we could see 6914 and beyond. It helps to remember these spot levels
Intraday Resistance of NIFTY are 6761.4 : 6799.6 : 6838.8 : 6856
Intraday Support of NIFTY are 6669.2 : 6631 : 6592.9 : 6576.1
Trade safe as usual