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Support- 15200-15300 Resistance- 15680-15700 Nifty is now at | Stock Shiksha

Support- 15200-15300
Resistance- 15680-15700

Nifty is now at important level. It has come to the exact level which was once resistance. Now it can become support but confirmation is not there. Another point of view is that there is breakdown of inverted cup and holder pattern which says more downside can come in upcoming days. My view is we should wait and watch for meaningful pullback and then again we can sell it. Till then we should watch. If nifty comes near given resistance one definitely should go for sell. For buying purpose we still need some confirmation