Now moving ahead, on the Nifty hourly chart, we are trading near our ‘Unique’ angle line resistance area. On breaking & holding above that, we can see a rise towards 12240/12300 range.
Nifty swing traders should carefully watch market price action near 12200 above that we can see a rise towards 12250/12320 levels.
On the lower side, support is still around 12085 only below that we can see further slide towards 12045/11990 range.