Nifty after recovering most of the fall is going to either break previous high levels or can give another fall.
As per the pattern, 17800 can act as a crucial zone from where we can see either it will be bullish or not.
For upcoming week, we can expect it to go further upwards till 17800 and then wait for market to give either side move.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
As per the pattern, 17800 can act as a crucial zone from where we can see either it will be bullish or not.
For upcoming week, we can expect it to go further upwards till 17800 and then wait for market to give either side move.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Comment:
Market unable to sustain the breakout, We can keep 16800 as our first target as it is the previous support zone.