NIFTY also showed some strength finally and formed double bottom pattern whose neckline has been around 17490 but 17500 being a round level and important psychological level hence these can act as an important RESISTANCE and hence sustainment above 17500 we would make new buying positions for another 60-80 points rally
On the other hand If NIFTY is sustained below 17440 then we can also see 17300 levels in coming sessions
On the other hand If NIFTY is sustained below 17440 then we can also see 17300 levels in coming sessions