Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame.
After 3 day, nifty has closed below its 20 EMA on smaller time frame.
Nifty has stretched a lot and can cool down tomorrow.
Support :- 17450, 17406, 17320
Resistance:- 17500, 17590
Wait for the price action near the levels.
After 3 day, nifty has closed below its 20 EMA on smaller time frame.
Nifty has stretched a lot and can cool down tomorrow.
Support :- 17450, 17406, 17320
Resistance:- 17500, 17590
Wait for the price action near the levels.
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