As apparent from Nifty "Daily" chart, Nifty is moving towards upper resistance (Yellow Line). Time to be careful.
Comment:
nifty still trapped inside channel.
Comment:
as per channel, 17100 level is very nearby.
Comment:
Today Nifty Touched and gave closing exactyly on 50% level line.
Comment:
Nifty is yet to touch bottom..which is somewhere nearby 15400.