1. #NIFTY is trying to conslidate between range 17960 - 17670. Major directional movement when one of the spot is taken out decisively.
2. Positionally, major resistance placed at 17850 and major support at 17340.
3. RSI broke down to cool off which is a good sign for Market as long as #NIFTY is holding 17670 on CB.
4. Bias is positive. Next few days will be volatile though. Create positions accordingly.
5. My personal Target: 19700+ in before May series expiry once ATH is taken out. (I can easily be wrong here)
6. Consult your financial advisor before any investment. If worth it, do Like, Comment and Share! :-)
2. Positionally, major resistance placed at 17850 and major support at 17340.
3. RSI broke down to cool off which is a good sign for Market as long as #NIFTY is holding 17670 on CB.
4. Bias is positive. Next few days will be volatile though. Create positions accordingly.
5. My personal Target: 19700+ in before May series expiry once ATH is taken out. (I can easily be wrong here)
6. Consult your financial advisor before any investment. If worth it, do Like, Comment and Share! :-)