Nifty 50 analysis for 02 Dec

NSE:NIFTY   Nifty 50 Index
Stay Cautious !!! ... Two important resistance zones marked on chart are 13135-55 and 13245-55 ... Be cautious going long with Nifty unless a clear break out from the second resistance zone is given .. If Nifty opens gap up, above the first resistance zone , it may rally till the second resistance zone followed by a steep correction.

Note - Views expressed are personal and meant for educational purpose only