Nifty Correction getting over

NSE:NIFTY   Nifty 50 Index
Nifty has broken its downward momentum resistance line but 17600 is still a resistance that needs to be crossed before forming a bullish view. However, it does feel like the correction is over. If the resistance is not broken, then one can expect a range bound Nifty for sometime. Range: 16700-17600.

Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)