As we have discussed in our yesterday's article that 6060 level is a strong Resistance level. We are witnessing the same despite of strong Positive global cues, Nifty managed to open above 6060 level but could not sustain & is trading range bound. We suggest to book some profits in Nifty long positions or hedge your positions. To enter in fresh long positions wait for Nifty to give a close above 6060 level or wait for Nifty to breach its high of the day. Next intraday Resistance is 6112 levels.