NIFTY is fighting for the 17k levels, VIX is very high around 23. Big moves either side expected. Outlook still bearish, may touch 16500 intraday and be back up by closing.
On the up side, 17050 acts as a major resistance. Any move with volume and hourly candle closing well above these levels should give a good move upward towards 17200.
Disclaimer: I am not a SEBI registered investment advisor. Please do not take trades based on opinions expressed here. Views are personal and for purpose of self-study.
On the up side, 17050 acts as a major resistance. Any move with volume and hourly candle closing well above these levels should give a good move upward towards 17200.
Disclaimer: I am not a SEBI registered investment advisor. Please do not take trades based on opinions expressed here. Views are personal and for purpose of self-study.
