Nifty 50 IndexLong
Nifty aiming high
Nifty CMP 24,823
The first confluence was at 22500 where the Index consolidated for a few months. R1 - 25070 the current zone is where the Index has halted a bit, R2 is 25900 and R3 is 26750. The R3 has something more to it, it is a confluence zone. Hence this is the major resistance for the Index.
The first confluence was at 22500 where the Index consolidated for a few months. R1 - 25070 the current zone is where the Index has halted a bit, R2 is 25900 and R3 is 26750. The R3 has something more to it, it is a confluence zone. Hence this is the major resistance for the Index.
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