Nifty will open gap up in today's session. Expected opening near 17600 level and after opening if nifty starts trading above 17620 level then possible this rally can extend upto 17750+ in today's session. Any downside possible if reversal from 17500 level. Downside 17450 will act as an important support for today's session.
In 2hour chart from 10790 wave (a or i), (b or ii) and (c or iii) is completed at 12025, 11535 and 13777 respectively.
support range(retracement range for wave (iv)) is coming at 13252-12926.
If nifty trades below 12926 then only bigger decline is possible.
