Nifty moved within a range today as early session gapped up and met the minor median line.The price move is still within the ascending blue pitchfork and has support at the major green pitchfork LML also.
60 min chart
The warning line 2 is also drawn on the daily chart.The confluence of the present Major pitchfork Fib R lines and the warning lines gives targets of levels close to 6200 , 6240 , 635o , 6420- 6430.The immediate targets of 6200 6250 are near the major Green median line and expect resistances at these levels. Range bound movement is probable.
On strong close above 6250 higher levels at junction of PF and warning lines are to be the targets.
Supports below are quite far away at 6045 - 5950 levels.So at median line resistance part booking of long positions to be done.