daily chart
Nifty after facing resistance at 100 DMA (at 6160) finally broke it yesterday and managed to close with higher high at 6186 which indicates more upside from here. Level of 6242 (previous base at higher level) and also the gap it made last month in a downtrend (6266-6186) should act as a resistance.
Nifty after facing resistance at 100 DMA (at 6160) finally broke it yesterday and managed to close with higher high at 6186 which indicates more upside from here. Level of 6242 (previous base at higher level) and also the gap it made last month in a downtrend (6266-6186) should act as a resistance.
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