SHORT TO MEDIUM TERM VIEW ON NIFTY

This analysis is on timing to make a fresh entry or increase exposure in market.
Nifty as per my view in a channel and any entry in any stock should be avoided till it crosses 17300.
If it breaks the channel in down side then we can see a correction of 1200 points or so.
trade cautiously!
This is my personal view please consult your financial advisor before taking any positions.