After a down fall of last week, Nifty taken a support on extended trend line of previous downward channel and consolidated for last 4 sessions. Today, it given a breakout of wedge pattern. It is a reversal pattern.
Short term view of next 4-5 session suggests, nifty to move at 18000 level.
consider, 17450 as support
Short term view of next 4-5 session suggests, nifty to move at 18000 level.
consider, 17450 as support