Nifty future gave some real hard moves yesterday in second session .
Nifty yesterday closing was 6012. Nifty fell down very hard after 2 o clock ! It was same patter as yesterday.
Now for today nifty future 6044 is resistance and 5988 is support . One should be very caution with long position.
If Nifty is sustaining 60000 level , it will be considered as consolidation for next upmove.
We had given profit booking call in GSPL today. We gave our positional buy call yesterday and booked 8 rs profit in GSPL. Now we would suggest stay light and stay in cash . Stay side ways .
We will update our views regularly through twitter and google group.
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