Mighty Nifty - Weekly Review Jan 30 - Feb 3

We had seen a very good trending movement last week. Price is taking support at 17500 zone. Buy above 17540 with the stop loss of 17500 for the targets 17590, 17640, 17720, 17800, 17860 and 17980. Sell below 17460 with the stop loss of 17500 for the targets 17420, 17360, 17300, 17240 and 17160. Trade with caution as price will be volatile during budget week.

Comment:

Took support. Still under the selling pressure.