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#Nifty
FOR BULLS:-

The only retrace that matters now is of "18061 - 17798" - @ 17930-17961 above which chances of big rally to 18350-450 is likely & may be more too..

Holding 17825-860 is very critical

FOR BEARS:-

Break below 17825-860 & remaining below 17950 then on Image
#Nifty
+ve divergence in 5 & 15 min. t/f has produced a rally.
How this handles the gap zone of "17967-996" would give us clues for underlying strength/ weakness.

Always follow "Last rise or Fall retrace" to manage your trades.
#Retracementstrategy Image
#Nifty
Key Retrace of last rise from 17798 to 18001 is
"17876 - 17900"
#Retracementstrategy
As long as this Holds, higher levels coming.

Remember this condition. Image
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