NIFTY

FOR EDUCATIONAL PURPOSE

NIFTY IS FACING STRONG RESISTANCE AT 15900 WHICH WAS CLEARLY SEEN ON FRIDAY.

THEREFORE, THERE CAN BE 02 SCENARIOS :

(1) WHEN NIFTY OPENS FLAT/DOWN - NIFTY IS GOING TO FACE RESISTANCE AT 15900 AGAIN ON MONDAY.

(2) WHEN NIFTY OPENS GAP UP ABOVE 15900 - HIGHER CHANCE FOR NIFTY TO TAKE SUPPORT AT 15900 AND PROCEED FOR 16000.