Nifty recovers after 5 days of consolidation. What investors should do on Friday
The short-term trend of Nifty continues to be positive. Presently, the Nifty is placed at the crucial juncture of 17,800 levels (upper range and resistance of down trend line). Hence, a sustainable move above this area is likely to open sharp upside momentum towards 18,200 levels in the near term. Immediate support is at 17,650 levels.
