Nifty Technical Levels - Gap Up Likely to Sustain

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Nifty Spot View: 15/03/2023
Cmp: 17043.30
Support & Downside Range : 16987---16900--16750
Resistance & Upside Range: 17256---17428
Short Term Trend Reversal Level: -- 17800

Check our Nifty option tip on a daily basis.

Trading View:  In today's trading session key level to watch is 16987 spot levels which is yesterday's low as long as this holds we have chance to get a upside bounce minimum till 17256 and max 17428 spot levels fresh weakness now comes in market if nifty breaks and sustain proper 30 mins to 1hr below 16987 spot else market are looking for up move because of the oversold breath in shorter time frame.

Update

Reason for last hour sell off in the market 
CREDIT SUISSE TOP SHAREHOLDER RULES OUT MORE ASSISTANCE TO BANK
Premium of CDS of Credit suisse jumped sharply.

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