Good morning friends,
At the time when it was looking all set to get a top, Nifty saved from lower levels. We got a fairly ok kind of close.
Nifty closing at 17850 levels which is leaving people confused again. I took a fresh look on chart and feeling that as long as Nifty is staying above 17800-17750 levels, it may not be easy for any pullback. Hence, it may be hard to talk for top.
I am not giving my trading view for today. I prefer to watch only. For support, Nifty may be looking at 17800 and there is no resistance We can say 17900-17950-1800 but practically it has yet to confirm. Momentum is only driving force.
Do not short low, around 17800 without breakout. Do not trade long at top around 17930 levels.
happy Trading.
