Nifty: 11960-12030 is crucial resistance zone

Nifty (CMP 11970)

Nifty is in crucial resistance zone of 11960 - 12030

Rejection in this zone can take Nifty down to 11860 levels and below that 11786

Pattern gets invalidated if Nifty trades above 12040

Take care & safe trading...!!!

Trade closed: target reached:

Nifty made a high of 11979 just 9 points above our entry level and has closed at 11856.80 just 3 points below our target 1 of 11860.

Hope u guys made the most of it...

Enjoy

Happy trading...!!! :-)