Nifty traded below 5900 after the gap up opening and found support around 5860 levels to again recover and close above 5900 in the last hour of trade. VWAP @ close is 5911. Nifty closes flat @ 5910.
1) Views remain unchanged. Target above 5950 is 6000-6020 on closing basis. Reversal level remains 5900 now.
2) Below 5900, 5850-5800 levels can be seen.
3) The 5-day EMA has risen up to 5845. Happy trading!
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