CSB68

NIFTY-CRITICAL RESISTANCE ZONE

CSB68 Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY:21812 likely to act as a stiff resistance zone.If sustains above 21800,NIFTY has an unfinished business to fill the bullish gap extending upto 21965.Hence 21812 followed by 21965 seems to be the next resistance zone on its march past 22000-22100 levels.(For educational purpose only)
Comment:
NIFTY's previous resistance of 21800 likely to act as the immediate support and 21965 as the immediate resistance .Nifty drifting below 21965 on closing basis likely to weaken it further and pull towards 21600 again. on the contrary sustaining above 21965 would make an attempt at 22000+(for educational purpose only)
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