Nifty may get support around 6,000 level
There is no denying the fact that the markets have been at their best level since the past two years but it is expected that as the September series expired above 6,000 on strong put side, analysts are echoing the fact that the Nifty may get support at the 6,000 levels.
``For daily purpose, trend deciding level is 4,950 for Nifty. If Nifty shows strength above 4,950 levels, then rally to 5,000/5,050/5,100/5,150 may be seen. If Nifty does not show strength above 4,950 levels then selling pressure till 4,900/4,850/4,800 may also be seen,`` said Puneet Kinra, senior research analyst, Bonanza Portfolio.