NIFTY OUTLOOK

A major support has formed at 5930 levels.

Friday bar was one of the biggest in last 2 weeks so the Friday low (6030) is critical.

Because of this, consider trend as up as long as 6030 holds.

with support @ 5930

The next technical resistance for nifty future seems close to the level of 6205 and 6245 levels. Decisive closing above this resistance zone may take up nifty future to the levels of 6292-6336 in near future