2091: Hot Stocks | Nifty may fall further; two stocks you can buy for short-term gains
In the last three weeks, Nifty has found resistance around 12,300-odd levels multiple times.
The resistance of 12,300 was derived from the upward sloping channel on the weekly charts of Nifty. Trend-line adjoining weekly tops of August 31, 2018, and June 7, 2019, projected a resistance around 12,300 and the same acted as a reversal point recently.
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Jan 07, 2020