NSE:NIFTY Bounce on News now near Resistance Resistance 11250 11350 Support 11100 11000
nifty consolidation breakout
NSE:NIFTY
NSE:NIFTY next move depend on strength of breakout
NSE:NIFTY Previous resistance is not support
Personal View Only : Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support. Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls. Quite a good earning season and any trade deal may bring more momentum to this rally. Around 11750-11800 level...