Nifty 50 Index

Nifty important levels and trade plan for Thursday, 16th March

280
Major trend- Bearish
Important resistance levels- 17154, 17210
No Trade Zone between- 17077 to 17002
Support Levels- 16930, 16887, 16811, 16757
Sell Below- No trade zone, near resistance levels, near 16930, 16887
Buy above- will avoid buy side trades for tomorrow.
OI Data- Resistance at 17000, 17100 and 17200 with build-up in CE side
Support at 16800 level.

*Strictly a personal opinion, not at all a trade advice*

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.