Nifty to touch 6000 mark
Nifty's today's high is 5976 and today's close is 5961 as predicted in my earlier blog post."
Now it may breach 5970 directly or go up after a correction.
There is an inverted Head and shoulders reversal pattern at the bottom seen beautifully in hourly chart.
This pattern gives a target of at least 6000 for the Nifty.
Also seen is the resistance line at 6006 as shown by the blue horizontal line.
Right click on chart and click on view image for magnification
Nifty hourly chart
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