Nifty 50 IndexShort
NIFTY: CORRECTION AHEAD
After a five wave impulse down nifty is rising in a corrective structure on the upside. The corrective nature of the price action suggests that near term trend for the nifty50 is down and prices are likely to fall towards 17000 in the coming weeks. On the upside the key resistance zone is 18350 while on the downside key supports levels are 17650/17350/17000
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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tradingsutra.com
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twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA
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