At the time of this post, the Nifty future is at 5954 currently above 5939 which is not just Value area Low but also a previous support and a break-down point from Friday afternoon’s session.
Staying above 5939, this market should target 5974 and then 5996 where the market would find resistance as Shai Pointed out in his weeekend post.
The Bank Nifty is also above value area low at 12150.
