NIFTY
FOR EDUCATIONAL PURPOSE
NIFTY IS FACING STRONG RESISTANCE AT 15900 WHICH WAS CLEARLY SEEN ON FRIDAY.
THEREFORE, THERE CAN BE 02 SCENARIOS :
(1) WHEN NIFTY OPENS FLAT/DOWN - NIFTY IS GOING TO FACE RESISTANCE AT 15900 AGAIN ON MONDAY.
(2) WHEN NIFTY OPENS GAP UP ABOVE 15900 - HIGHER CHANCE FOR NIFTY TO TAKE SUPPORT AT 15900 AND PROCEED FOR 16000.
NIFTY IS FACING STRONG RESISTANCE AT 15900 WHICH WAS CLEARLY SEEN ON FRIDAY.
THEREFORE, THERE CAN BE 02 SCENARIOS :
(1) WHEN NIFTY OPENS FLAT/DOWN - NIFTY IS GOING TO FACE RESISTANCE AT 15900 AGAIN ON MONDAY.
(2) WHEN NIFTY OPENS GAP UP ABOVE 15900 - HIGHER CHANCE FOR NIFTY TO TAKE SUPPORT AT 15900 AND PROCEED FOR 16000.
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