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Nifty headed to 6050-6100 or 5700-5750 levels in near term? Read on

Posted on: December 21st 2012 in Techinicals Breakouts NSE BSE.

Click on the chart to enlarge. Nifty: Technically Nifty does look strong and is in a long term uptrend. After recent rally, nifty has been consolidating in the 5950-5820 zone since last week of November. A close below 5820 could take nifty to lower levels of 5700-5750 where again strong …

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