*Nifty 50- UPDATE*
In last trading session Nifty made high 11587,low 11498 and closed at 11516. Nifty faced resistance near 11600 and we saw some profit booking in the market .
On the upside Nifty has resistance in the range of 11550-11600. Thus one should take fresh long positions only above 11618, on the downside the range of 11500-11450 will play as an important support for the immediate term , if it breaks that then Nifty can test its recent low of 11185.
Disclaimer-Educational purpose only.