As suggested in previous update - "Magic of 9 repeats for 30". We shall look for JP Associate to run into zone 18-21. Here we are at 19 -day low@11th Aug2017.
If holds then we look back close to 30 again. Trade carefully. Nifty is melting. Have added latest update to Nifty long term analysis@22nd March2017.
Magic of 9 repeats for 30
Was there a support in pennant?
Turns from 19 - Big Candle to start the day!
One more step upside for the day.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ