- Nifty weekly chart staying above 8900 will continue to favour bulls.
- Month candle too shows a bullish March candle so far. March closing above the shaded resistance level will strengthen bulls further. Bears must deny this event from happening to avoid a bigger bullish move.
- Daily chart shows a crucial GAP in chart. If correction continues this GAP can act as support. Bigger bearish possibilities only if Bears are able to close price below this GAP.
March 20, 2017
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