Indice NIFTY 50

Nifty got 2 major Resistance to break before moving up

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Nifty got two Major Resistance, as you can see in the chart.
1st Major Resistance is at 15900 to 15920 level, from where nifty reversed more than 3 times.
2nd Major Resistance is at 15835 to 15845 level, which is also tested 4 times including today.

If Nifty gives break out 15920 and sustain, only then there will be any up trend. Otherwise market will head towards correction.

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