XL ( Excel ) Nifty Technicals for 11-July- 2013

Nifty trin (Daily):.1.36
Support:. 5800,  Resistance/Tgt:.5900

Previous Trading day's Trading Range:77 pts
Daily Average Trading Range (10 days): 87 (+2)pt

On 10-july 2013, Nifty Closed at: 5,816.70 (-42.30 points) on account of overbought trin.
On 11 july 2013, Markets will have shortcovering by bears. Guess the Nifty's closing for today?
(Hint:include trin+ Add average trade range to previous close= for today's nifty close.)

 Daily trend(as per XL trading system):uptrend
Market Type(as per XL trading system): Bear Market

 Daily Nifty Technicals Snapshot: