NIFTY for upcoming week (3 Oct,22 to 7 OCT,22)

Nifty recovered sharply with RBI rising its interest rates to 5.9% which is a increase of 50 basis points. Now that nifty has showed strength from lower levels of 16800 and moved swiftly to 17150. And halted around those levels. Here nifty is at a crucial juncture where it can break the 17156-17327 gap and move higher or continue to go sideways in range of 16800-17150.


Happy Trading :)

Disc: Chart posted only for learning purpose.