NIfty touched the resistance level and from there 60 points fell down. It has rejected 2-3 times today itself and it shows a good resistance. Also after a huge fall from lifetime high, there was no pull back. So this rise in nifty may be a pullback to the further fall. Stay light and Trade cautiously.
It is my personal opinion, I never suggest to trade based on...
Muthoot finance taking a great support at 15 minutes. If it break below good fall happen and it if gap up on Monday it may go upto 1345 easily. This decending triangle might be a reversal to this short downtrend.
