Nifty this week has given bullish signals. Indications for the next week or so are positive. For NIFTY to crossover to the bullish zone it needs to cross the most important resistance zone of 17925 to 17996. If this zone is crossed we can see the levels of 18127, 18359 or higher.
Most Important Resistance zone: 17925 to 17996.
Other Resistances: 18127, 18359 and 18606.
Support levels: 17786, 17561, 17416 and 17347.
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