The resistance of 5976 held yesterday twice, once in mid session and then again towards the close which was very much in line with our estimated resistance of 5974 as also our support of 5925 as published in yesterdays post.
The tipping point for today is at 5958 and the immediate supports are at 5971, 5966 and 5952. The resistance is at 5985 and then at 6007 and 6037.
Our outlook is of continued consolidation with bullish flare ups.
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