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Nifty inch closer to decisive level of 15100 by Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Nifty inch closer to decisive level of 15100 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
In the last 5 trading sessions nifty gained more than 500 points from the lows of 14461 of 4th May 2021 along with this India VIX has also started cooling off from levels of 23 to 20.
Now Nifty is heading towards its very important levels of 15050 & 15100, if Nifty is able to give closing above this levels then we can see a fresh up move in nifty and it can break the previous all time high of 15431 which was made in the month of February 2021. We suggest retail investors to trade cautiously as nifty headed towards the important levels of 15100.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
