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nifty levels for 6th May


nifty closed weak, and following global cues, will open gap down.

in this gap down, nifty can open around 5160.

now if nifty sustains 5155, thn it will have strength to move up, howevr breaking 5155, nifty can fall to 5135 for the day.

however nifty will stay weak throughout the day, and shorting at higher level would be a wise trade to take.