Nifty Weekly Analysis for 07-11-22 to 11-11-22.
Index is in range between 17959-17180 from the last 4 trading sessions.
If Index sustains above 18200, ABCD will be activated and we may see upside move, Targets are 18300/18400.
If Index trades below 17900, XABCD will be activated, more downside possible and Targets are 17775/17638/17442.
17442 target on downside is taken from 1.618 of XABCD