Nifty is facing resistance around 6150 . As long as it is below this level further rally cannot be expected . There are possibilities of Nifty falling to 5950 . Lets see .
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| Low Since Change | 6124 |
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