View given on 1 st January @3.05


Nifty is showing a formation of inverse head and shoulder and now is near is stiff resistance 
●BOOK PROFIT 
● KEEP POSITIONS LIGHT

To complete  the head and shoulder pattern formation 
It has to come down to form the next shoulder around 7700 

If breaks the stiff resistance zone of 7940..80..8040 and maintains with closing
We can see it going higher upto 8100..8200..8300


Today nifty can face resistance 7980...8000 zone

Below 7930 maintains we can see selling to lower levels.......