Stock Market For Monday 22-Nov

The market is in now getting into a correction phase. The long term trend remains up. Nifty is likely to face resistance around 6,000 in case of rally. Investors with short term perspective should be cautious during these days but long term investments decisions can be taken on a phased manner at every decline. The immediate support for the Nifty will be at 5,750; if Nifty falls below this level with volumes then we may see the panic bottom of 5,665.