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On Wednesday, NIFTY started the day on a positive note and it jumped above the 17k mark. It tested the 17100 mark in the last hour of trade and finally ended just below 17100. Now the range of 17950 - 17900 will play as an important support for the immediate term. On the upside, now NIFTY can test its 20DEMA, which is placed near 17200, if it breaks 17200 then it can test 17450.
Open | 16977 |
High | 17126 |
Low | 16940 |
Close | 17080 |
S 1 | 16972 |
S 2 | 16863 |
R 1 | 17157 |
R 2 | 17234 |
Action | SL | TGT |
---|---|---|
Buy above 17130 | 17049 | 17275 |
Sell below 16925 | 16996 | 16775 |