Nifty Pre-Market View.

Prices have done a 5 from 6170-6027.
Prices also have done a 5 from 6356 to 6027.
The bounce/ retrace for 6170 to 6027 continued holding "6047".
The critical number that would suggest a larger retrace would be 80% @ 6141.
Prices came into the gap zone of 6086-6110.
The ST bounce was supported by Hour TA with +ve div but not the day TA.
Day TA would support only if prices are able to close above DLEma..
Two new signals emerged from week & month on Friday - Down & Down.
In sum, holding 6047, bounce continues into the res. zone of 6086-6115(&6141) and
Staying below 6073-78, fall continues towards 6047 & lower...6015,6001,5971.