US jobs data has surprised on the upside. SO a possibility of start of taper is now back on the table. Will be an interesting week.
On Nifty F1 charts I am getting following resistance & supports levels that are based on VAP chart. ( have found this to be very effective!):-
Medium supports: 6175,6150,6086,6000,
Strong supports: 5910
Medium resistances: 6247, 6291 & 6370.
Based on the move from 28/8 to 1/10 the 23.6% & 38.2% Fibbonachi Retracements come in at 6082 & 5896.05.
So 6080-6090 and around 5910-5890 levels are very important levels.