Nifty tomorrow:
Almost Nifty compromised 17K today, and there was a sell pressure around 17K. However managed to close above 17K at closing.
Tomorrow - Still BEARISH with negative sentiment but small correction is expected after a fall, so we can expect small Gap up / Flat open around 17080, if sustains above 17085 we can expect 17174 as first target. If closes above we can expect 17300 supply zone will get tested.
On the other hand if any rejection around 17085 is where we can take SELL entry or 17300 is where we can look for SELL opportunity for lower targets
Almost Nifty compromised 17K today, and there was a sell pressure around 17K. However managed to close above 17K at closing.
Tomorrow - Still BEARISH with negative sentiment but small correction is expected after a fall, so we can expect small Gap up / Flat open around 17080, if sustains above 17085 we can expect 17174 as first target. If closes above we can expect 17300 supply zone will get tested.
On the other hand if any rejection around 17085 is where we can take SELL entry or 17300 is where we can look for SELL opportunity for lower targets
