NIFY EOD Analysis as on 29th November 2010

NIFTY today made an up-move from 38.2% level after last day's downward move. Will bulls get the momentum to sustain the upward move from here? In my opinion, the level of 5939 should be broken to confirm the +ve bias. Till then we are in short term correction mode.



Questions
What is going to happen next?

Let's wait and watch!