SGX NIFTY
Resistance of 16817 is key for pullback.
If breakout above 16817 can extend the
pullback to 17255 and 17673 as shown in the chart for x?
Failure to cross 16817 means
a swing lower top for x?
which can put pressure on the e? 15717.
Breakdown below 15640
can lead to slide towards 15287 and 14357
as shown in the chart.
For the time being trend appears to be down
as long as 16817 is not crossed.
To test 15717, 15287 and 14357
as per observation
If breakout above 16817 can extend the
pullback to 17255 and 17673 as shown in the chart for x?
Failure to cross 16817 means
a swing lower top for x?
which can put pressure on the e? 15717.
Breakdown below 15640
can lead to slide towards 15287 and 14357
as shown in the chart.
For the time being trend appears to be down
as long as 16817 is not crossed.
To test 15717, 15287 and 14357
as per observation
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