Nifty 50 analysis for 02 Dec

Stay Cautious !!! ... Two important resistance zones marked on chart are 13135-55 and 13245-55 ... Be cautious going long with Nifty unless a clear break out from the second resistance zone is given .. If Nifty opens gap up, above the first resistance zone, it may rally till the second resistance zone followed by a steep correction.

Note - Views expressed are personal and meant for educational purpose only
Elliott Waveelliotwaveanalysisnifty50Support and Resistance

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