NIFTY - Double inside bar formation
Nifty is trapped inside a 376 point range. A breakout on either side will invite massive targets.
Initial target for a breakdown should be placed at 17160. One can go aggressively short below 17160 and aim for the below highlighted 2 gaps.
A breakout on the upside can invite 18153 as targets.
Nifty is trapped inside a 376 point range. A breakout on either side will invite massive targets.
Initial target for a breakdown should be placed at 17160. One can go aggressively short below 17160 and aim for the below highlighted 2 gaps.
A breakout on the upside can invite 18153 as targets.