Nifty trading at 11914. Looking positive.
Many were assuming fall after doji formed on 08 Oct 20.
But, as of now nifty is looking good.
1. First resistance is 12000-12050 both on chart & psychological.
Slight profit booking may be seen if reaches there.
2. If goes up next resistance are 12250, 12400
3. If profit booking comes at 12000-12050, it may retraces to 11850-11800 again
4. It has very less probability that nifty breaches 11800
but we should consider this point as well. If breaches 11800, next support at 11600
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