Regression channel breakout
Nifty is heading towards the next resistance 18100-18200 range. It has given regression channel breakout with strong relative strength to the weekly time frame and it came with a strong gap-up opening.
Now the price is likely to settle at over 17600.
For the next 1 or 2 days small daily candles may get a form if there is any uncertainty related to price sustenance.
Now the price is likely to settle at over 17600.
For the next 1 or 2 days small daily candles may get a form if there is any uncertainty related to price sustenance.
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