IN the following chart we have used indicators to show over bought and over sold regions, (not using RSI), and it seems that we have reached a Local High, and therefore there is possibility of downtrend, which also confirms with Falcon Wave counts.
There is possibility of 17100, 17000 levels, and we will have to see this week where price will go.
Falcon Wave Count for Nifty (Still early to say but looks like we have wave 3,4 and 5 pending in 1H
What is Kiss Bot Saying?
This looks like trigger line will break if market opens gap down.
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