Market is reeling under a lot of pressure from a last few sessions.
In a blindly rising stock market any negative news can create havoc as it did now.
Finally we are in the middle of a corrective market which is bottoming out from its lows.
Now Nifty may peak out at current levels or may further rise till 6007 mark as well. If Nifty manages to close above 6007 then recent highs of 6094 will the final destination for Nifty.
On the lower side Nifty may drift lower to test 5848 if it close below 5914.
Nifty Pivot 5944
Support 5921-5893
Resistance 5983-6007
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