Nifty P&F (Wk 2207-2607) - resistance 6100 / 6180, support 5940

Recap:


Weekly Analysis:

Daily Analysis:

Summary:

Weekly & Daily Up. While Daily has started showing weakness, Weekly chart is quite strong with momentum. One needs to be cautious still the BlSL @5935 is broken through confidently. The resistance as remains the same 6100 >> 6180.

Nifty P&F (Wk 1507-1907) - resistance 6100 / 6180, support 5965 / 5860

Recap:

5890 held on as a stiff resistance. 5980 acted only as intraday resistance but broken through.

Weekly Analysis:

Daily Analysis:

Summary:

Weekly & Daily up. After a tiring triangle grinding break-out looks quite promising. As 5980 broken through, next levels of resistance as they stand 6100 (mild) >> 6180 (strong). Supports at 5965 >> 5860.

While I keep sharing my views with you & I'm sure some of you will also have something to share where I can improve upon my studies.