Nifty Spot is entering supply zone of 12370-12390 so few point higher 12392 can be considered a tough resitance that may be tested today or tomorrow(17 Jan 2020) So a close above 12392 may give a uplift for another 300-400 points Supports are at 11795, 11585, 11505, 11215 and finally 11008 Resistance is same 12370-12392
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Just see how it turned from 12392 High 12389.05 Booked 48 points intraday profit
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Today (20 Jan 2020) I again booked 30 points in Nifty fut although nifty spot opened 12430 but slided just after opening and 12392 again played good resistance i booked future when spot at 12343
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Today (20 Jan 2020) Hit Low 12250
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Low made so far 12088 enjoying..... t.me/chartrading
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Low made on 28 Jan 2020 12025
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Booked 250 points today from a positional short
Trade closed: target reached
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Cleared final lot at gain of 350 points per lot Game Over !!!