Nifty Spot View: 17/10/2022
Cmp: 171785.70
Support & Downside Range: 17149—17085—17035--16950
Resistance & Upside Range: 177212—17260—17290--17350
Short Term Trend Reversal Level: -- 16950
Trading View: Cuz of global weakness today if we open gap down than key level to watch is 17085—17035 spot levels whereas 16950 acts as our trend reversal support, after gap down if 17085—17035 holds than we may see again strong buying starts in market whereas upside key level to watch is 17212 spot cross and sustain above it for 30 mins to 1hr we may see bulls may come with force, till we are trading below 17212 short range remains 17212—17085 for the day and bigger range remains 17212—17035.
Cmp: 171785.70
Support & Downside Range: 17149—17085—17035--16950
Resistance & Upside Range: 177212—17260—17290--17350
Short Term Trend Reversal Level: -- 16950
Trading View: Cuz of global weakness today if we open gap down than key level to watch is 17085—17035 spot levels whereas 16950 acts as our trend reversal support, after gap down if 17085—17035 holds than we may see again strong buying starts in market whereas upside key level to watch is 17212 spot cross and sustain above it for 30 mins to 1hr we may see bulls may come with force, till we are trading below 17212 short range remains 17212—17085 for the day and bigger range remains 17212—17035.
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