
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