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- Major resistance -6220
- Major support -6100 (trend line joining 5494 and 5628)
- FTSE100 has retreated after making a high of 6219. It is currently trading around 6161.
- Short term trend is slightly weak as long as resistance 6220 holds.
- Any break above 6220 will take the index to next level 6300/6325 ins short term.
- On the lower side major support is around 6100 and break will drag the index down till 6040/6000/5945.
It is good to sell on rallies around 6165-6170 with SL around 6220 for the TP of 6045
