NightRyder

NightRyder

Nifty is getting resisted by multiple trendlines at 12000-12040, especially by one coming in from the top earlier this year, as confirmed by the sudden drop (marked in a circle) caused by a large seller. Nifty should distribute here silently for a while, and come down to test a lower support in the near term (5-7 trading days or less - shown with an arrow). This...