NIFTY UPDATE

NIFTY is likely to make its move early next week. This struggle could well resolve on downside. Watch out for 17,720 on NIFTY spot, once we get a daily close below 17,720 this consolidation phase would end !

PRICE PATTERNS would turn only below 17,620, once we get a close below 17,720 price levels should break. Until that happens this market would stay this way, very unlikely that NIFTY can take out 18,000-18,200 zone which we have discussed multiple times.

Leave a comment