According to Dolat Capital, Nifty may face resistance at 6000.
Dolat Capital's Derivative Report:
Nifty saw a gap up opening and continued its upward movement on the back of short covering. Major short covering was seen in capital goods, auto, power, metals while fresh longs were added in technology stocks. The volumes were better than the last couple of days.
Nifty options data suggest resistance around 6000.
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Risk is a four letter word: Author Jerome Booth