Closing basis support level 5083 discussed on the yesterday's post acted as the support for intra session. It made a low @ 6083, where support discussed on last post was on 5084/80 zone. Though it never looked bullish as failed to 6172 zone and closed breaking 6115. Now a close above 6115 can bring temporary relief for bulls which can take Nifty further towards 6150 crossing above 6125 zone. A close above 6172 or a cross a above 6190 can bring it's momentum back to the bull's court. Otherwise it's still correcting and trending down for shorter time frame.
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