Nifty expecting a steady raise till 17402 Level Major Resistances At 16828 ; 17402 : 17793 Ranges
Nifty Next Major Support @ 16828 Expecting consolidation around 16800 - 16900 Level Wait till Nifty test the support level and then decide the course of action Note : Next Major Support Ranges : 16410 ; 15650
Nifty Morning Gap Down Around 245 Points (Due to Geopolitical Reasons) Now Settled Below 16910 (Major Support Range) Next Major Support Range Only At 16410 Wait for stagnation @ 16400 - 16500 levels and Consolidation Movement between 16400 to 16900 Range Once its Starts Moving Above 16910 level we can predict its Course of movement.
Nifty CMP : 17384 Nifty Resistance Range : 17886 Nifty Next Major Support Range : 17359
Nifty Next Resistance Level @ 17886 Major Support Level : 17359 250 Points Down From Recent High. Expecting Reversal form 17475 - 17500 Range.
Nifty Current Resistance Level @ 17359 (taken support @ 16910 range and turned positive) Once Market settled above 17359 level We can see 17886 and 18340 levels soon.
Nifty CMP : 18113 Expected Target Above 18340 Level: Phase 1 - 18780 ; Phase II - 19250 ; Phase III - 20019 Current Phase: Consolidation Between 17866 - 18340 Wait for breakout and enter.