Will Nifty create New High ( 12424.5) or go down

NSE:NIFTY   Nifty 50 Index
Nifty has 2 Scenarios:
1) Nifty Swinging in Box - If it is breaks 12320 on 03-01-20, it will reach the target of Rs: 12424.5 and will create the new high.

2) If Nifty fails to break out, it will reach the target of 12155.


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