Nifty Pitch Fork+ Fib
Nifty is Trading between pitch fork channel. As almost all the Time frame are over sold.. nifty can rally upto 17500-17600, to rally nifty should hold 17000 level on daily closing basis.
1 more thing i have seen that from last 7 days nifty is not able to cross the 50 level on RSI on hourly TF. Keep watch on that level. for good swing trade on upside. *17000 levels will be a stoploss on daily closing basis.
1 more thing i have seen that from last 7 days nifty is not able to cross the 50 level on RSI on hourly TF. Keep watch on that level. for good swing trade on upside. *17000 levels will be a stoploss on daily closing basis.
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