Nifty - Trending between Gaps 📈📉
A gap-up and bears back in action in the first 30mins of the day on Nifty.
Index is trending between the gap area of 16,985-17,085 but breadth is inclined towards bulls with 30 out of 50 stocks gaining in Nifty50 and Advance-Decline breadth of 2:1 on NSE.
For day traders, the range of 16,957-17,135 will be crucial to watch; either side break can accelerate the momentum.
Levels to watch on Nifty:
Support - 16,995-16,957
Resistance - 17,089-17,135
#Nifty
#TradingLevels
A gap-up and bears back in action in the first 30mins of the day on Nifty.
Index is trending between the gap area of 16,985-17,085 but breadth is inclined towards bulls with 30 out of 50 stocks gaining in Nifty50 and Advance-Decline breadth of 2:1 on NSE.
For day traders, the range of 16,957-17,135 will be crucial to watch; either side break can accelerate the momentum.
Levels to watch on Nifty:
Support - 16,995-16,957
Resistance - 17,089-17,135
#Nifty
#TradingLevels
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