Nifty index is closed below all major moving averages on Friday, now it will test MA200 in a short span of time. I strongly recommend sell on rise for immediate targets 17422 and 17290 with closing stoploss above 17800 on closing basis.
Note
Nifty index 1st Target achieved today 17422 and made low 17405
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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.