Daily chart analysis |
- Today session was a gap down opening.
- Market opens under the three month up- sloping trendline.
- Triangle breakdown is also seen.
- A further weakened session day after today, can probably confirm that top has been made.
- Nifty closed in its support zone of 6130 - 6140.
- Further Support is at 6100.
- Major Support is at 5972.
- However nifty is oversold on intra- day charts, hence a small bounce till 6160, 6180 can be seen.
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