Basis the trend lines made, NIFTY is already in a breakout (triangle) zone.
If it trade/closes above 12120-12150 levels above then no one know the upper limit.
if it closes below 12000-11975 levels, there is high probability of falling to 11700 level and further below.
If it trade/closes above 12120-12150 levels above then no one know the upper limit.
if it closes below 12000-11975 levels, there is high probability of falling to 11700 level and further below.