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By a Staff Reporter: Nifty Spot On the Upside :- Resistances are 15856 & then 15937. Major 15985/16000.
Above 16000 immediate basis resistances are 16066-16147.
On the down side :- If the Nifty slips below 15735/700 levels in the next session, then as a break down the slide shall initially continue towards 15646 & then 15555/510. Main bear aim to met 15400.
The options data suggests a wider trading range between 15500 and 16300 due to higher volatility.
India VIX was up by 10.14 percent from 22.29 to 24.55 levels tread may remain in favour of bears.
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Source : Eureka
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