Bottomline:
Nifty50 took support at lower band of Keltner channel at 17774.25 and has bounced back. Break of 18380 -18400 levels on the closing basis with strong momentum will confirm end of wave 2 correction and beginning of wave 3 impulsive wave.
Crucial Levels: 18222, 18200
Resistance: 18250, 18380, 18400
Support: 18213, 18173
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Disclaimer:
This is intended to provide general and preliminary information to investors/ traders and shall not be construed as the basis of any information decision or strategy. This content is intended to be used and must be used for informational purpose only. It is important to do your own analysis before making any investment based on your own personal circumstances.
