NIFTY UPDATE

NIFTY moving on expected lines. Last week the idea was to buy on dipp till 17650/17750 on spot. We got that dipp on Wednesday. Since then it has been a decent rally in short term. Going forward 17800 would be a very strong support. As long as this level holds we could test 18270 and 18480 on upside. Vibration and Harmonic setups are in strong positions for now.

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