kpraveennitw

expecting another flag formation.

NSE:NIFTY   Nifty 50 Index
Range of nifty shifted to 16500-17200.Trend line expected.actual trend line will be updated once high and low swing formed.Jan 1st week another range shift move expected.
Mid term bearish and will change my view only after closing above 17200-17300.
17200-17300 is major resistance zone.

Observe the FII and Pros option and future data on rise if you observe any negative data can go for short.

This is only for educational purpose.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.