ssvirdi

Nifty on Radar - 17 May

Long
NSE:NIFTY   Nifty 50 Index
Nifty likely to head higher. 22800 could be tested. And if that breaks, we have 23000+ levels coming. Today NIFTY bounced above the high of the compression zone and formed a bullish candle with High High and High Low on daily. Weekly candle bullish piercing the STMA band.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

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