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Saurabh_setup

Nifty intraday Level

Short
Nifty 50 Index (NSE:NIFTY)  
Saurabh_setup Updated   
NSE:NIFTY   Nifty 50 Index
Chart Patterns intradaytrader nifty50
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chartpattern intradaytrader nifty50
As per the chart pattern analysis till now nifty is above 50 MA indication of bullish market.
there is important level of 17400 that nifty should beat and start trading above that in next session until then there no clear idea of movement of in breakout direction .
NIFTY
Comment:
As Nifty crossed 17400 level there was a Bullish candle formed with a long wick that showed continuation of the uptrend on the starting 15min candle formed.
This time other candle formed Hammer pattern that confirmed Bullish trend.
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