Nifty _ Tough Resistance at 15865
Nifty has to get back into the channel for an up-move to 16000. To do this there is a stiff resistance at 15865 once it enters the zone above 15800. It needs to close above these levels , sustain and then attempt to touch 16000 which may further go to touch 16150 - 16200. At the same time , 15865 can also be a shorting opportunity with a 15 minute close above this level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.