Ganand1912

NIFTY - Analysis

Short
NSE:NIFTY   Nifty 50 Index
NIFTY - Inside bar formation

A breakdown/ gap down opening from the parallel channel will invite the following targets -

1. 17160
2. 16793

However, there are 3 more gaps visible on the downside. They would tend to fill only if macros go out of control.

Till now, downside is predicted only till 16793 levels

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