Mighty Nifty - Weekly Review Dec 26 - Dec 30

As the year end is approaching, nifty is becoming more trendy !!! We had a very good trending fall in nifty last week. Looking at the daily time frame, the gap between 17840 to 17900 which was created on october 2022 got filled last week. We have a support zone at 17740 - 17780. Buy above 17800 with the stop loss of 17760 for the targets 17840, 17900, 17960 and 18040. Sell below 17740 with the stop loss of 17780 for the targets 17700, 17640, 17600 and 17560.