Nifty spot view for the week of 03/06/13 to 07/06/13
Nifty may find support @ 5935 which is a Gann angle support. And if this support is broken then the next support is @ 5853 which is a 50% Gann retracement level form 6229 to 5477 to which Gann has given due importance in his studies.
Aggressive traders can initiate long @ 5935 otherwise initiate longs @ 5853 with stop-loss @ 5840 on closing basis.
Resistence levels are 5978, 6010, 6041,6083 and Support levels are 5853, 5784, 5733, 5613