- From 50% Fib level at 6015 to 61.8% at 6091 nifty has to cross multiple resistances if it is to move ahead.
- Most important among them would be the 20 DMA and 50 DMA. If it manages to cross this then nifty moves to 61.8% at 6091.
- Only a daily close above 6091 can extend this up to 6200.
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