Wishing all a very Happy and Prosperous New Year 2011 !!!Bulls pushed the markets above 6100 levels during the last week of December 2010 and closed above that level to end the year on a strong note, an 18% gain.
It looks like the bull run is likely to continue in the first week of the new year and markets is likely to reach 6182 level where it can consolidate again for a while before making the next move.
Resistance levels : 6151, 6182, 6234
Support levels : 6120, 6105, 6062
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Happy Trading
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