Like the Banknifty, Nifty is also resting at an support level. 12090 will keep providing support to the index breaking below it Nifty may slide to 11960, 11790 & 11420 levels. While 12300 will act as a strong resistance zone for Nifty. The RSI is into neutral zone between 60-40 levels, while it is also taking resistance at the trend line. The MACD is also facing resistance at zero levels on MACD. The momentum is fading as of now.