Nifty Spot 6211
6170 Is important Trend Line support and 50EMA is also placed at same level.If nifty break below this level then 6070(EMA 100) is last support for this uptrend.
6250(EMA 15) Is immediate Resistance.While 6340 is important trendline resistance on Upside.
So keep close eye on 6170.If breaks on down side play for target of 6070.
If manage to trade and hold above 6170 then try to buy intraday dips for 6250.
2)Indus Ind Bank
Both on 10 Jan.
Data to Watch
1)HSBC Services PMI - Monday 6 January (Previous 47.2)
2)IIP and External trade data- Friday 10 Jan.