NIFTY CALL FROM EXCELLA

Nifty current price  6,038	61.20 1.02%
Open	5,988.00
High	6,045.00
Low	5,985.10

                                         
Our call on nifty was like this

"For Monday if Nifty future opens in a range of 5944 and 5967 selling pressure will resume again. If market opens above 5987 then  bulls will get a chance to further move  nifty above 6000. But it may be a rare chance. 

AS PER OUR ANALYSIS (intraday  -  with a stop loss of 15 points in both side)

SHORT NIFTY IF TRADES BELOW 5961  PUTTING A TARGET OF 5921
LONG NIFTY IF TRADES ABOVE 5994 WITH A TARGET  OF 6023"