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Nifty View for 3rd Dec EXPIRY>>Expansion Pattern. Volatile Moves !!

Hi All
Nifty in the morning Session faced resistance at 13145 zones and Drifted till noon till 12900 – 12960 Support zones to be tested and later post 200 pm ..bounce was seen.

Buying on DIPS is still seen at lower levels

Nifty now is stuck in a range…of 12960 – 13150 Price is now near the TOP at 13145,
IF its BROKEN , shorts may cover and push price to 13240-13400 zones. But if unable to stay above 13145,  more time correction not ruled out.

Support at 12900-12860
Resistance 13145 – 13450

Ramesh Nadar

 

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