Opening bell Tradology (16-11-10)

Nifty spot has shown very volatile session in secnd half yesterday.
Nifty spot is having important support now at 5966-5960 . This is swing support for any long position in Nifty.
Positional swing resistance level at 6250-6274 range as per technical chart . We will see down trend if breaking 5960 and we will see up trend  if we break 6250-74 range and close above this important level. Keep eyes on these levels for coming week.

Intraday we can see one very important support at 6044. We may not break this level . If we beak this level kindly exit your intraday position in long. Panic selling  in intraday is possible below this level.
Upside we have seen very positive move yesterday .If we cross 6122 level upside 6145 will be stiff resistance and above this level , one cannot ignore 6166-6177 resistance mark in some minutes.

Stock to watch :

Andra bank
resistance 189.
Support 170
Its weak if not crossing 189 and sustain.

Hero honda is the stock to watch in our list.
Support at 1811 and 1780.
upside resistance at 1847 and above that it may go till 1887. watch this stock for both side movement.