CHART-II
- Nifty futures broke 6056, price stayed below 6050 and has broken below 6000.
- Another range breakdown trade that has worked well.
- Bulls may try to keep price above 6000.
CHART-I
- Nifty futures approaching the bottom of the range.
- Price may take an intraday turn towards upside from 6050 levels.
- Breaking down below 6050 will favour bears and may drag it down till 6000 NF.
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