Remember technicals fail during news driven market and this same to be taken with a pinch of salt during the news driven period.
Nifty Spot View: 30/01/2023
Cmp: 17604.35
Support & Downside Range: 17493—17350--17150
Resistance & Upside Range: 17698—17825--17885
Make money using our Nifty option tip and start counting more cash.
Short Term Trend Reversal Level: -- 18265
Trading View: In today's trading session key level to watch is 17493 spot levels if bulls managed to hold this levels then we may see immediate upside bounce towards minimum 17698 to 17825 zone whereas if we break 17493 spot levels then selling pressure will continue and ahead of budget we may fall downside more towards minimum 17350 to max 17150 spot levels.
Update
Positive divergence is on action #nifty from 17431 now 17634
Nifty giving positive close with positive divergence on hourly chart is a good sign for bulls as of now
