Nifty Analysis for 17-1-2022
Nifty had opened gap down 70+ points on Friday and after that moved in 160+ points range.
Made bullish candle in daily timeframe.
Nifty resistance level 18300 -18350 and support level 18000 - 18100.
Expecting Flat to Gap up opening in Nifty tomorrow.
Till now last 10 sessions are back to back green candles and there is no profit booking till now.
We can expect profit booking in coming sessions.
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