Nifty Spot On the Up side and down side

By a Staff Reporter:  Nifty Spot On the Up side :- Bulls need to move above 17084 & mainly above 17115 for a move towards 17144—17172 & major 17208 & 17230.

On the down side :- Bears will get active below 17019 for a move towards 16960 & then 16900/16888 & major 16854/16824.

The Option data indicated that the Nifty could see a trading range of 16850 to 17200 levels in coming days as breaking of which on either side could get near-term direction.

India VIX increased by 7.38% or 1.42 points to 20.60 levels. R:- 21.75 & S: 19—17.75.

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Source : Eureka

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