Nifty Daily Analysis

Nifty is getting stuck near fibb level 0.68%. Untill nifty crosses above 18320 we are expecting nifty to remain sideways to mildly bearish for upcoming days. Crucial support levels for Nifty is 18050-18000 area, if this gets penetrated then we can see 17800. Resistance ahead for nifty is 18320. Nifty has to cross above 18320 to continue the bullish action.
Chart Patternsnifty50niftyneutralniftytrendTrend Analysis

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