Nifty may open slightly lower today following global markets, we can see profit booking near 5970 level. However we may see more weakness in afternoon session, we suggest you to enter a sell position, as markets are more likely to weaken so sell nifty near 5965 levels. The trend will be mixed to bearish today. Todays range will be slightly higher than the previous sessions.
Resistance : 6089 / 6024
Support : 5916 / 5884
How to trade nifty today: Sell Nifty Futures near 5965 levels for the target of 5945 and 5925, place protective Stop loss above 5989 level.