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Indeks Nifty 50

17500-600 level is critical.

Oleh kpraveennitw
Diupdate
Rejection from 17500-17600 level can be very cautious can lead to 16200 level in midterm(1-3 months)
Breakout from 17500-600 level can lead nifty to 19400 level in mid term(1-3months)
Catatan
As we see rejection from 17500-17600 zone.this zone is very critical Monday move will decide midterm(1-3 months) direction of nifty.It will be long move either down or up.
Catatan
rejection from 17600 suggest down trend.but consolidation in last one hr giving a confusing signal .17352 to be good support.if it breaks 17350 then down move will be confirmed.be cautious till it cross 17352.Till that time trail your short side trades.
Catatan
we are in towards 16800 journey.
Chart PatternsHarmonic PatternsTrend Analysis
kpraveennitw

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