Niftynifty - market taking support from harmonic demand zone, here my opinion is the market may take min 38% pullback
Nifty-charts
Nifty FuturesNifty Futures
Looks like a bullish flag was made and Nifty did attempt to break it yesterday itself. Let's see where we open today but I think the bull rally should be back very soon.
There is a good support at 17274.50 level so the stoploss should be 17250 closing basis.
Long traders should keep the targets open as the nifty still has steam and we may see 17650 / 17750 levels soon.
