Will Nifty get resisted at current levels...???
Nifty
CMP 11982
Last time we had recommended selling between 12380-12480 and Nifty made a high exactly in between the said range.
https://in.tradingview.com/chart/NIFTY/33HnMysa-Nifty-Chart-view/
As of now Nifty is following exactly the same path what we had shown in our previous post...
Now We are very close to the resistance level which is around 12030-12060.
If we see the levels of 12030-12060 acting as supply zone, then Risk::Reward ratio will turn favorable to go short again...
Take care & safe trading...!!!
CMP 11982
Last time we had recommended selling between 12380-12480 and Nifty made a high exactly in between the said range.
https://in.tradingview.com/chart/NIFTY/33HnMysa-Nifty-Chart-view/
As of now Nifty is following exactly the same path what we had shown in our previous post...
Now We are very close to the resistance level which is around 12030-12060.
If we see the levels of 12030-12060 acting as supply zone, then Risk::Reward ratio will turn favorable to go short again...
Take care & safe trading...!!!
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