Nifty is very religiously following the theoretical definition of a .
There has been some support (*red zone) and resistance (*black zone) that will help in analyzing the next few moves of nifty .
We have a good -400 range on the downside and +300 range on the upside.
If Nifty breaks the , it might behave irrationally for a week.
looks good. So it has the least chance of happening.
Nifty can travel to fill some previous gaps without disturbing the .
Happy Trading :)