Last week the markets were uncertain, but today we saw a good breakout of 6054 levels of 18 November. Due to this breakout we have become very bullish on markets. So we will recommend you to see buying opportunity at every dip. If Nifty trades above 6055 level for more than 30 minutes we will be long at around 6060 level for intraday target of 6078 and 6096. The trend will be bullish (positive). Nifty Future trading range is, as shown in the support resistance levels below.
Resistance: 6078 / 6097
Support: 5989 / 5966
Nifty futures trade today ( 6 December 2010): Buy Nifty Future Above 6060 level for intraday target of 6078 and 6096 levels, also place Stop loss at 6048 level.