Nifty after our market closing has tested a new swing high 17500 , for today , this will act as resistance , since yesterday it has break 17300 resistance , it will act as support. I am expecting market will be in range
Range high -17500 Range low - 17300
Trade set up Sell the range till we get the direction
if 17500 breaks we have possibilites to test 17600 , breaking 17600 will be trending up side momentum and sentiment will change to upside but if 17300 breaks then we will see negative sentiment will continue and we might see fall till 17200/17150
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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.