Rocking call !!!Nifty 6200 call given in last
post achieved all targets…
NIFTY OUTLOOK FOR TOMORROW
The all-important May
series derivative settlement date was today .Bulls were able to win the task
and took the driver seat. Finally nifty touched a height of 6124 ended at this
level.
In case, the low probability event of a rise panning out during the day and the index moves above 6120 again, we need to watch for levels at 6140 and 6150....
If the level of
6140 is taken out then there could be very strong supply pressure around 6150
area. Expect a lot of fresh short position building between 6132 and 6150.
However, major test of the bulls would take place when they try to take out the
resistance zone between 6180 and 6200.In case, the low probability event of a rise panning out during the day and the index moves above 6120 again, we need to watch for levels at 6140 and 6150....
RESISTANCE:6120, 6160,6200
SUPPORT: 6080,
6040,6000
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