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Published on 2/12/2019 9:46:31 AM | Source: Geojit Financial Services Ltd

Reduce longs if Nifty fails to hold 12190-12180 levels - Geojit Financial

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Nifty Outlook:

Nifty, as expected, saw profit booking and has taken support near the 50% fibonacci retracement level in hourly charts hinting at bounce from current levels to 12100- 12150 and resume its uptrend towards 12300-12350 levels. Reduce longs if Nifty fails to hold 12190-12180 levels.

 

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