Short-term support for Nifty is seen at 17,500-odd levels, which happens to be the 34-day EMA. Resistance for Nifty is seen at 18,100 odd levels. For the last 6 weeks, Nifty has been in a tight consolidation zone. Breakout from the 17,500-18,100 range would give directional movement in Nifty.
Subscribe To Our Free Newsletter |