All nifty levels mentioned below refer to NIFTY SPOT

On Tuesday, market opened positive and moved higher throughout the day however consistently moving within a thirty

point range with good buying in almost all the indices.

Volume for the day was higher than previous trading session. Market breadth was positive. Midcap index and Small caps

index closed up in green.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6055 may act as

a major hurdle.

Medium term trend will turn positive above the level of 6065.

Aggressive Day trader can go long on nifty above 6025 with stop loss 5995 for target 6055 / 6080 and can go short below

5965 with stop loss 5995 for target 5940 / 5910.

Index Range

Nifty: 6000.65

Range: 5940-6055

Resistance: 6025-6055-6080

Support: 5965-5940-5910

Bank Nifty: 11537.30

Range: 11360-11745

Resistance: 11630-11690-11745

Support: 11465-11410-11360

Short term: Up (5970)

Medium term: Down (6065)

Long term: Up (5350)