Nifty still trading with in Aug 30,2022 (17409-17851) 500 point range on higher time frame.
Overall sideways movement until 17409 is broken for downside and 17851 for upside momentum
Big support on 4Hour time frame (17489-17520 levels)
Big resistance level on 4Hour time frame (17658-17720)
Any day we open above or below these level will have good...
Yesterday we saw nice reversal from gapdown opening. Once buyers started step it was almost short covering first 30-45 mins from open and saw nice dip buying opportunity retracement to 0.5-0.618 . and closing at highs which is strong close but still below last week gapdown ,
Todays Focus will be 17688 looking for gap fill and flush or consolidation within...
