March 5, 2014

NIFTY and SENSEX charts

Market trend up... will reverse on close below 6200 spot.

Option writing points to support at 6200 and resistance at 6400.

Close above 6360-6400 spot will lead to more rally.

On Sensex, the level for more bullishness is close above 21500.

Note: above chart does not include today's bar.

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