Nifty on Radar - 17 May

Nifty likely to head higher. 22800 could be tested. And if that breaks, we have 23000+ levels coming. Today NIFTY bounced above the high of the compression zone and formed a bullish candle with High High and High Low on daily. Weekly candle bullish piercing the STMA band.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.