Nifty showing strange from few days after breaking down side daily trendline resistance on daily chart. Also FII has started buying in Indian Market.
Monday once Nifty cross above 17320 we can see good up move. 17380, 17415 & 17453 are resistance Below 17255 is support we may see 17184 and breaking that next support on 17082. in near
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your chart analysis good, but this time you have to think about trend and global ques, and FIIS from JAN onwards mostly they are in SELL said and they are now in BUY said and market correction is over, and finally see the top weightage stocks performance like Reliance, HDFC twins, Kotak, ICICI.
ChartsSpecialist
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@katasanisrenu, YES FII has started buying from few days and stop weightage stocks are started performing well as per Charts.