Nifty likely to touch 18,000 in immediate term: Analysts
![](https://img.etimg.com/thumb/msid-86356369,width-1070,height-580,imgsize-146228,overlay-etmarkets/photo.jpg)
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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