Nifty have break out from rising wedge which is corrective in nature.
Nifty for now will see strong overhead resistance around 11760 zone and if it fails to break the same then will see a move to test support zone marked with green lines.
Any trade open should have stoploss over/below blue line.
All the best!
Nifty for now will see strong overhead resistance around 11760 zone and if it fails to break the same then will see a move to test support zone marked with green lines.
Any trade open should have stoploss over/below blue line.
All the best!