Nifty has formed double top pattern on hrly TF. breakdown of 18225 can give a downward movement of 150-170 points. If Nifty manages to close below the demand zone around 18040 expect more weakness.
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.