*Nifty 50-UPDATE*
In last trading session Nifty made high 11744 , low 11606 and closed at 11670. The entire day Nifty was trading below 20 DEMA, which is placed at 11700.
Now one should remain cautious and Nifty can test its 50 DEMA , which is placed at 11530. On the upside the range of 11875-11900 will play as an important resistance for the immediate term, however the range of 12000-12025 will remain a strong resistance for the short term.
Disclaimer-Educational purpose only.