After a firm opening, Nifty Future remained weak till the mid session and made a low of 6262. Thereafter, it made a sharp up move to make a high of 6347 and closed firm at 6333 - near the high of the day. Thus, firm opening today almost certain.
Today, one can consider going long above 6360 with a strict stop loss of 6330. On higher side, it will find major resistance at 6400. In the event, Nifty Future does come down after making a top around 6400, one can consider going short once Nifty Future starts trading below 6360 with stop loss just above the day's top. I am indicating bearishness, in view of divergence on the EOD chart.
All the best.
All the best.
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