Yesterday we had written …..above 5939 will zoom to kiss 5955-5961.It made high of 5971 & crashed sharply upto 5880 level and closed at 5911.
Yes ,6017 is LAXMAN REKHA !
With this stop……..Go short any thing !
Three Consecutive close above this level +Weekly close will take to 6210-6275.Now this will happen if some thing great comes out during result season !
On Rise ,On Rally…Go short around 5975-5985-6000
Yesterday u got opportunity to sell @ 5970 level !
Today will face Hurdle at 5932.
Crossover will take to 5949-5955.
Not crossing Y.High and trades below 5933 ,101% Problem for Bulls.
Slide upto 5818——–5780 on card.
Minor Support at 5748.
Buy 5800-5700 Puts & Sell 6000 call.
Your Stoploss for everything :6017.
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