Mambotrade

Nifty 50 view for next week

Long
NSE:NIFTY   Nifty 50 Index
Nifty 50 has travelled above 17300.

Market has consolidated for the last trading day in a narrow.
On daily time frame, market is respecting the golden level of 0.618 on fib retracement.

Support :- 17260, 17200, 17000(round figure)
Resistance :- 17320, 17500-50.

Wait for the chart pattern to form near trend line.

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