LAST CLOSE @ 6050
TODAY MAIN HURDLES 6067--------6075----------6090--------6096
BELOW 6057.......BEARS MIGHT RULE......WILL TAKE TO
6035----------6020----------6005
THEREAFTER 5990 WILL ACT AS SUPPORT FOR BULLS
FOR FURTHER RALLY .........BULLS NEED TO CLOSE ABOVE 6090.........ELSE
BEARS WILL RETEST 6005--------5975 NOT RULED IN COMING DAYS
ALSO NOTED ........TODAY BEARISH ENGULFING PATTERN FORMED IN DAILY NIFTY CHART......ONE OF THE POWERFUL BEARISH REVERSAL PATTERN
LONGS SHOULD BE CAUTIOUS
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