NIFTY is expected to be within the range 17412.80 - 17708.25 on 18-04-2022 as depicted on the attached chart. The chart is also plotted with Gann retracement levels, The most important retracement levels are 33.3%, 50%, and 66.7%. Among these three, 50% level is considered to be the most important retracement level.
Disclaimer: This idea is only for educational purpose. I will not be responsible if you gain or loose money by trading with this idea.
Comment:
If NIFTY 50 Index falls below 17154.30-17117.35 then bears will have upper hand.