After posting new all time high the Index witnessed correction and kissed 6150 level. After continuous fall from higher level the Index today took pause and showed some sign of consolidation and gave a flat close. Nifty has a next support around 6135 level and considering today's move we expect the Index to witness bounce from here. Though the trend is Negative, in light of the facts mentioned we would recommend to Buy 6200 CE at 64 with the SL of 50 TGT 85-90 in a short term.
