Nifty has some support near 17800 level. This is a good place to bounce for the target of 18350.
One day closing above 18350 will take nifty up to 18600.
On the flip side 17600 will act as a strong support.
If close below 17600 this rally will pause.
One day closing above 18350 will take nifty up to 18600.
On the flip side 17600 will act as a strong support.
If close below 17600 this rally will pause.
Note
Nifty down leg is complete.18300 to 18670.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.