Hardik2608

NIFTY TOWARDS MAJOR RESISTANCE ZONE

Short
NSE:NIFTY   Nifty 50 Index
NIFTY is heading towards major RESISTANCE ZONE of 12000-12070
There are multiple unfilled gaps in this zone which will act as a RESISTANCE ZONE
Also 12000 is also a major psychological level
The rally has been over extended and has also created Exhaustion Gaps in between

Short NIFTY at these levels.
After any technical signals such as a Trend line Breakdown in a 5-min or 15-min time frame or if any bearish divergence observed @ these levels keeping SL@ above 12070 for a target of at least 10800