Mambotrade

Nifty50 view and tradr setup

NSE:NIFTY   Nifty 50 Index
Nifty closed on a bullish note on last trading day.

Market trend reversed in the second half of the market.

Nifty is just below the resistance levels of 17321-17340.

Support levels:- 17190, 17100, 17000
Resistance levels :- 17340, 17500, 17600

Wait for the market to give a movement in either direction. The market may consolidate as market moved very bullish in second half of the day.

Proper price action near the levels will give a confirmation for trade setup to enter.

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.