- Major intraday resistance – 6080 (hourly Kijun-Sen)
- Major support – 6000 (Mar 10th 2016 low)
- The index has broken minor support of 6048 (May 19th low) and declined till 6015 at the time of writing.
- Any violation below major support will drag the index down till 5875 (161.8% retracement of 6048 and 6323)/5845 (Feb 24th low).
- On the higher side resistance is around 6080 and any indicative break above targets 6140/6200.
- Overall bearish invalidation only above 6435 (Apr 21st high).
It is good to sell below 6000 with SL around 6080 for the TP of 4875/4845
