Nifty50 is still trading in the zone and as expected consolidated whole day.
Nifty is still in the zone and seems stronger than bank nifty but has closed under 18000.
If nifty retraces it can cover the gap.
Support:- 17900, 17800.
Resistance :- 18100, 18319
Wait for the price action near the levels for deciding the trend on the smaller time frame.
Nifty is still in the zone and seems stronger than bank nifty but has closed under 18000.
If nifty retraces it can cover the gap.
Support:- 17900, 17800.
Resistance :- 18100, 18319
Wait for the price action near the levels for deciding the trend on the smaller time frame.
