Sideways
movement in a narrow range for the last three sessions, and yet we have not got
any clear indication of a range breakout.Nifty
started near 6296 and marched till 6321 and finally ended 6316....
Monday, the zone between 6280 and 6310 would
be quite critical for staying above this range, we can expect an attempt being
made by the bulls to take the index beyond the 6330-mark while any fall below
6280 would mean a probable test of 6200 – 6180 support area is on the cards.
RESISTANCE:6260,6300,6340
SUPPORT: 6240, 6200,6180
worried about monday...
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