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NIFTY DAILY UPDATE

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
manavtechresearch Updated   
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns Technical Indicators NIFTY niftytrend BANKNIFTY bankniftytrend priceaction
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trendanalysis chartpattern indicator nifty niftytrend banknifty bankniftytrend priceaction
SUMMARY:-
good morning members
*wait and watch approach in index
*we have a trading zone of 16400-16750
*falling trendline near re-test
*inverted head and shoulder pattern visible
*US-10Y above 2%
*oil levels are slowly consolidating in the zone of 106-110
Comment:
snapshot
LOOKING GOOD FOR FURTHER UPSIDE
NEXT HURDLE@16850 IF BREAKS A CLEAR MOVE TOWARDS 16970 CAN BE SEEN
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