nifty on day day charts showing head n shoulder structure this means market will move to near 23000-23300 in upcoming time, but the time is not fixed may be next week or may be a month after... but structure saying its weak
A nice down trend clearly seen and oversold on 8 March then first pull done and sellers sold it. Then breakout happen of channel now wait for some consolidation done on this level we need it to break 3400 and a retest on Low volume and we will BUY THAT RETEST FOR THE TARGET OF 3600-3700 POSITIONAL.