Current price action of nifty
shows it is in the resistance zone
9235 - 9250. Close above the resistance will help nifty
to move upside towards 9300. If the price cant able to cross the resistance, price will move towards the supports 9170, 9160 and 9130. Breaking all these supports will make the price to be under the grip of bears. For few days RSI
is unable to cross 60 and getting bounced downside when it touches RSI
60. These factors shows nifty
is weak and will turn towards the supports.