Based on Harmonic Bullish butterfly pattern Nifty can be shorted below 17250 for short to positional term for a target of 16250 with a stop loss of 17650
1-2 weeks Duration
Nifty Intraday for tomorrow only if opening is flat .
Long above 17650 SL 17600 Target 17750
Short below 17450 SL 17500 Target 17250
In case of Gapup and Gapdown these levels will become invalid.
