indiamarketoutlook

Will Nifty get resisted at current levels...???

Short
NSE:NIFTY   Nifty 50 Index
Nifty
CMP 11982

Last time we had recommended selling between 12380-12480 and Nifty made a high exactly in between the said range.



As of now Nifty is following exactly the same path what we had shown in our previous post...

Now We are very close to the resistance level which is around 12030-12060.

If we see the levels of 12030-12060 acting as supply zone , then Risk::Reward ratio will turn favorable to go short again...

Take care & safe trading...!!!


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