NIFTY - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS: NONE
The Nifty's long term charts remain very strong. To get a confirmation of a strong short term chart, we need to break through 6200. If we break through 6200 definitively, we are back on track to 6300, 6500 (the next level can only be determined based on where we stop after breaking through 6200
On the downside, 6000 remains the level to watch. So the range is 6000-6200. On any day's move, it is difficult to say if the range will be broken
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