Nifty closing looks bullish and managed to close above today's and tomorrows CPR.
At this point of time the global clues looks bullish to neutral.
Flat Opening: CPR should act as a good support & Bullish Reversal should act as a strong support. Any support confirmation around these zone we can possibly go long & expect Bullish Breakout Zone of 17250 as first Target & then trial for upper levels.
Gap up Opening: In case of gap up opening or carrying BTST, expect first resistance around 17225-17250. A break out this zone we can look for long opportunity.
Gap down opening: Any resistance at CPR & CPR low is compromised we can expect 17000 levels to be tested and Bearish Breakout compromised we can expect lower targets.