Nifty- Fills Gap. Takes support at 17310. Closes above 100EMA.
Next target for Nifty is 17757 if there is no overbearing bearish sentiment due to global cues tomorrow.
Nifty has filled the gap and taken support exactly at the Gap at a critical 17310. Also it managed to pullback and close above 100EMA. Next resistance levels are 17520/17757. PCR is 0.81 and in oversold territory. CPR is 2 pts wide and a 17379 will be a support just below the last close. Expect a trending market. Vix has shot up 5.48% to 18.68 so a volatile day with 17170/17579 being the possible trading range for the day. Do you think a rebound will happen?
Nifty has filled the gap and taken support exactly at the Gap at a critical 17310. Also it managed to pullback and close above 100EMA. Next resistance levels are 17520/17757. PCR is 0.81 and in oversold territory. CPR is 2 pts wide and a 17379 will be a support just below the last close. Expect a trending market. Vix has shot up 5.48% to 18.68 so a volatile day with 17170/17579 being the possible trading range for the day. Do you think a rebound will happen?
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