Nifty likely to touch 18,000 in immediate term: Analysts

​Technically, Nifty is making “higher-high higher-low” structure on all major time frames and not showing any major sign of slowing down. It is holding well above the 200% reciprocal retracement level of the previous fall from 12430 to 7511, which is placed at 17350.

via Economictimes

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