Nifty Spot View For 31st Jan 2013

Nifty continues to be sideways. No Change In View

Nifty Supports @ 5962-6007

Resistance @ 6145-6132

If Breaks 5930 Then Don’t Hold Long Positions.

Read Very Carefully

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High or low made in Jan will be very important. If post 31st Jan trades above Jan months high then Jan low  will hold till July (min) if post 31st Jan trades below January low then Jan high will not be crossed till July (min)