Nifty Spot ON THE UPSIDE :-

Nifty Spot ON THE UPSIDE :-

INITIALLY BULLISH RECOVERY POSSIBLE IF CROSSES THE RANGE 17350/450 BUT MAIN STRENGTH TO BE RESUMED IF ONLY STAYS ABOVE RESISTANCE 17600/666 then 17770/17900.

ON THE DOWN SIDE :-

ON THE FLIP SIDE, TRADING BELOW 17000 -- 16830/770 ROUNDED 16800 TO BE ACTED AS CURRENT SUPPORT - THAT SHOULD HOLD. IF BREACHES THEN MAJOR POSITIONAL SUPPORT 16600 & 16400.

SHORT TO MEDIUM TERM RANGE almost 2000 points –16350 ON THE DOWN SIDE & 18350 ON THE UPSIDE. MIDDLE EDGE 17350/450.

Source : Eureka

Please register at https://kyc.eurekasecurities.net/home/index/729 for opening Trading and Demat Account.