WHAT WILL BE THE NEXT POSSIBLE MOVE"NIFTY"
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Nifty index gives us some healthy correction in few days.Now in daily chart of the index it takes immidiate support at 17703-17780 kind of zone which is the 50% retracement level of the recent upmove.
Now,in 75minit time frame chart it's making lower high lower low levels in downtrend so if the last lower high level of the downtrend supressed then there can be some fresh move
Nifty index gives us some healthy correction in few days.Now in daily chart of the index it takes immidiate support at 17703-17780 kind of zone which is the 50% retracement level of the recent upmove.
Now,in 75minit time frame chart it's making lower high lower low levels in downtrend so if the last lower high level of the downtrend supressed then there can be some fresh move
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