Mighty Nifty - Analysis for Jan 31

Updated
Price is forming double top resistance. Buy above 17680 with the stop loss of 17640 for the targets 17720, 17760 and 17800. Trend deciding level is 17720. Sell below 17580 with the stop loss of 17620 for the targets 17540, 17500 and 17460.
Note
Resistance. snapshot
Note
High : 17735 Low : 17537 Started with volatile moves, gave clear indication about trend strength. snapshot
Double Top or Bottom

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