Nifty has followed all the levels today and took resistance at 14930. Nifty faced resistance at 14848 when it first broke the red trendline and reached till 14930 level. I again tested 14848 level which now acted as support and reached 14930 level. In one day Nifty faced resistance at 14930 thrice, hence it will be act as major resistance.
If Nifty crosses below red trendline then it can reach 14707.