Tech View: Nifty may consolidate within a range. What traders should do on Tuesday : vimarsana.com

Tech View: Nifty may consolidate within a range. What traders should do on Tuesday

Positive chart patterns like higher tops and bottoms are intact as per the daily chart, and the present upmove is in line with the new higher top formation of the pattern. The short-term uptrend of the Nifty remains intact, and the next upside levels are around 22,800 (1.618% Fibonacci projection). Immediate support is at 22,520 levels, said Nagaraj Shetti of HDFC Securities.

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