*Nifty 50- update *
In last trading session Nifty made high 11535, low 11218
and closed at 11250. Nifty could not sustain on higher levels and after broke its important support range of 11500-11400, we witnessed selling pressures in the market.
Nifty broke its important support range of 11500-11400, now it can test its recent low of 11185. If it sustain below 11185 , then it can slide up to 10900. On the upside the range of 11500-11400 will play as an important resistance, thus one should take fresh longs positions only above 11500.
Disclaimer-Educational purpose only.