#NIFTY #SPOT #DAILY # CHART: Friday Nifty Price Has Broken Down and Closed 20 EMA which is 1st sing of losing bullies momentum. Nifty can hold 11800 levels as it is the 1st Support area on the chart and also option chain showing good built upon 11800 CE. Today we will be at selling side of in index till we reach 11800 marks.
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Yesterday Nifty Spot took the support of 11832.30 i.e. 11800 area. This rally will continue till 12030 and 12150.
Vishal Thakkar,CFTe