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chinmayjog

NIFTY near resistance at 16700

Indice NIFTY 50 (NSE:NIFTY)  
chinmayjog  
NSE:NIFTY   Indice NIFTY 50
Trend Analysis
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trendanalysis
NIFTY has daily EMA 200 at 16720. A daily close above this will help NIFTY move towards 16800. 16800 is also a big resistance. No bullish positions to be taken until 16800 is breached on daily charts. NIFTY may reverse from these levels, unless there is a big momentum.

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