NIFTY 50 short term bearish - 17600 to 17650. It's going to test the support line trend short term around 17600-17650. If it can hold that support trend line, NIFTY 50 will continue to grind higher till Jan 2022. Whenever NIFTY breaks the support trend line, can expect downside movements and bullish trend reversal for mid term.
Comment:
Getting closer to the short term target 17600-17650
Comment:
Touched the predicted target 17650 today.
Trade closed: target reached