Be cautious while trading nifty.

Nifty has been trading in a range for a long time. This bounce back may be a small bounce for a greater fall till 16200/16000.
However if nifty crosses 17300 on a positive note and with a small pullback gains 17500 to 17700 levels. The trend will be postive and new highs shall be achived.
Chart PatternsTechnical IndicatorsNIFTYnifty50Trend Analysis

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