Nifty has formed another indecisive candle today.. chance for bulls to make a comeback is abv 17375, whereas shorting opportunities may arise on breach of 17,225 level. If nifty doesn't break 17225 tmrw, we may c nifty heading towards 17400 soon. On the contrary if 17225 is broken we can see 17150 being tested after which market will start recovering. Use this dip to add longs.
Nifty range: 17150-17400, Bias: Bullish.
Nifty range: 17150-17400, Bias: Bullish.
Comment:
Downside tgt met, upside tgt is still intact.