Nifty came near our falling resistance line and we saw a good down-move, as analyzed once Nifty sustained above the yellow trend line, we saw a good up-move. Nifty closed at 16705 and we updated Traders about the positive opening before market closing around 3:00 PM.
For tomorrow, SGX Nifty indicating a gap-up opening, if Nifty comes around 16700 it can be considered a buying opportunity.