Nifty is at support, it can make or break from here

Nifty has made a Wedge and holding it as of now. If it hold we can see higher levels and if it breaks it can fall upto 17500. I feel Nifty is in great shape for moving up or perfectly settled for a pull back. One can take a chance and long Nifty with a tight SL of below Wedge line on daily time frame.
Chart PatternsNIFTYnifty50niftyanalysisniftyindianiftypredictionniftytrendTrend AnalysiswedgedownWedgewedgepatterns

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