NIFTY.. approaching resistance
NIFTY is testing the zone from where it had started its downtrend. 11962 11982 is a tough zone to cross.
although market is in a bullish mode, this zone wont be taken out and surpassed at first go
expecting some profit booking to 11700.
short with SL 12100 target 11700.
although market is in a bullish mode, this zone wont be taken out and surpassed at first go
expecting some profit booking to 11700.
short with SL 12100 target 11700.
Note
nifty exactly rejected at blue line..Note
nifty still unable to close above the zone
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