Equity benchmark indices showed range bound movement for most part of the session but was able to close on a strong note due to recovery in the last hour of trade. Nifty future started the Jan series above its crucial resistance of 5930 and faced resistance of 5970. Next crucial level is seen around 6000. Until nifty holds above 5900, strength is seen while if it falls below 5890 then next support is seen around 5850.
SUPPORT : 5930 & 5890
RESISTANCE: 5990 & 6050