NIFTY'S VIEW FOR 12 JAN

Here is nifty 15 min chart , as you can see nifty is making beautiful price action

Nifty is trading in a range now , we can trade either side we get breakout or breakdown

take entry after the retest only as i marked on chart these levels have been testing , there are more probability to break ,

If nifty breaks 17850 level (support) we may see sharp selling toward the level of 17500

if nifty break 17980 level (resistance) plan your trade till 18100 level

Major trend will be Bearish until we breach the level of 18250