nifty

this week's high of 6358 would now act as a strong 6358
resistance for the index. once re -test 6358 our view

Only a sustainable move beyond this level would open up the possibilities of re-testing the new all time high of 6415

we mention this week

If Nifty doesn’t maintain above(6330-50 )levels then selling pressure till -6259 -6128-6087--5972 may also be seen

If Nifty shows strength above( 6358 )levels

then we may see rally till -6415 and 6530