>>> Click the chart to see on full screen <<<
Yes I advice Caution as Nifty is nearing 6048. So as per current Scenario its seems Nifty may move as a-b-c-d-e or a-b-c. On either case 6048 should resist. Lets See.
>>> BANK NIFTY <<<
>>> Click the chart to see on full screen <<<
Bank Nifty also facing resistance as shown on chart. If unable to cross the resistance line may see a sharp sell off. Lot of possibilities to fill the gap left on the down side. Caution advised.