After the Fed meeting and decision to increase rates, the US markets witnessed volatility. Indian indices opened lower but staged a recovery in the initial 30 minutes. However strong buying support is likely to come in near 17500-17400 zones only and it may be worthwhile to take a short side trade near to 17720-17760 keeping a stop loss of 17830 and looking for targets of 17630/1758017510/17480
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