Nifty at support of 12011 June 06,2019

Hi All,

The Nifty is at all time high, in case the Nifty break 12011 on weekly basis can lead to swift correction of 1000 points.

So far it is able to manage the level above it.

Will it be coz of rebound in crude prices or lack of RBI rate cut or some thing else?

Happy investing.
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