Need to get past 6,130-6,150 levels on the Nifty to extend upside: Mitesh Thacker

"We did see follow-up on Tuesday. However, for it to extend on the upside, it needs to get pass levels of 6,130-6,150," Thacker said.

Need to get past 6,130-6,150 levels on the Nifty to extend upside: Mitesh Thacker
In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on the market outlook for Wednesday's session. Excerpt:

ET Now: Do you believe the strength can continue on Wednesday?

Mitesh Thacker: I am not sure. Monday was a buy signal on intraday charts. We did see follow-up on Tuesday. However, for it to extend on the upside, it needs to get pass levels of 6,130-6,150. Hence, if you are above 6,150-levels, I will possibly increase the long exposure.

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