EXPECTATION : The short term trend of Nifty is in a strong mode and the broad market indices were also in driver's seat. One may expect showing another round of consolidation or minor profit booking from the new highs, before further upside in the next 1-2 sessions The next upside levels to be watched around 17,380 and immediate support is provided.
This pattern has nullified a minor negative/consolidation pattern on the daily chart.